EMCC European Monitoring Centre on Change

Southern Cross

Company/Organisation:
Southern Cross

Geographic Location

Country: United Kingdom

Company

Sector: Health / social work
Human health services
86 - Human health activities
Number Employed: 44000

Employment Effects

Announcement Date: 08-06-2011
Planned Job Reductions min: 3000
Planned Job Reductions max: 3000
Type of Restructuring: Internal restructuring
Foreseen End Date: 31-10-2011

Additional Information

Southern Cross, a care home provider, has announced plans to cut 3,000 jobs and expects the cuts to be completed by October, after a period of consultation with unions. Unions called for the government to step in with financial support. Southern Cross has already deferred 30% of its rent to landlords of its 750 homes as it tries to avoid bankruptcy.