Type
Internal restructuring
Country
European Union
Region
Location of affected unit(s)
Sector
Manufacturing
Manufacture Of Tobacco Products
Manufacture Of Tobacco Products
12 - Manufacture of tobacco products

1,500 jobs
Number of planned job losses
Job loss
Announcement Date
18 November 2003
Employment effect (start)
Foreseen end date

Description

Imperial Tobacco has made significant savings from job cuts, with 1,500 employees being made redundant, half in Germany.

It has now announced plans to build a new factory near Izmir in Turkey, and to launch its West brand in China.


Sources

  • 18 November 2003: The Guardian

Citation

Eurofound (2003), Imperial Tobacco, Internal restructuring in European Union, factsheet number 58929, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/58929.