Waterford Wedgwood

Type
Closure
Country
United Kingdom
Region
Location of affected unit(s)
Sector
Manufacturing
(22 - 23) Manufacture of rubber, plastic and non-metallic minerals
23 - Manufacture of other non-metallic mineral products
23 - Manufacture of other non-metallic mineral products
1,000 jobs
Number of planned job losses
Job loss
Announcement Date
5 June 2003
Employment effect (start)
Foreseen end date

Description

Waterford Wedgwood announced the closing of two British factories and the switch to a lower cost producer in China. The decision to relocate was made because the wing had been loss-making for a number of years and the production in the Far East would be 70% cheaper.

Sources

  • 5 June 2003: The Guardian

Citation

Eurofound (2003), Waterford Wedgwood, Closure in United Kingdom, factsheet number 59575, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59575.