The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing (13 - 15) Manufacture of textiles, apparel and leather 13 - Manufacture of textiles 13 - Manufacture of textiles
190 jobs Number of planned job losses
Announcement Date
30 June 2003
Employment effect (start)
1 September 2003
Foreseen end date
1 September 2003
Description
Comerama, which is located in Donegal, went into receivership, and had been in trouble for some time, a indication of the serious problems facing the clothing and textile industry in Ireland. Earlier this year, the workforce rejected an 8% pay cut, which management had proposed in a bid to save the plant.
Last December, Comerama's sister plant in Kilkenny closed with the loss of 160 jobs.
Sources
3 July 2003: Industrial relations news (www.irn.ie)
27 June 2003: The Irish Times
Citation
Eurofound (2003), Comerama, Closure in Ireland, factsheet number 59262, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59262.