Type
Closure
Country
United Kingdom
Region
Location of affected unit(s)
Sector
Manufacturing
Manufacture Of Rubber And Plastic Products And Other Non-Metallic Mineral Products
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://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59575.