FKI

Type
Internal restructuring
Country
United Kingdom
Region
Location of affected unit(s)
Sector
Manufacturing
(28) Manufacture of machinery and equipment
28 - Manufacture of machinery and equipment n.e.c.
28 - Manufacture of machinery and equipment n.e.c.
350 jobs
Number of planned job losses
Job loss
Announcement Date
28 January 2004
Employment effect (start)
Foreseen end date

Description

FKI, engineering group, is involved in a worldwide restructuring programme. It is closing down 8 loss-making businesses. As a result, 350 jobs are threatened in the UK.

Sources

  • FKI
  • 27 January 2004: Press Release
  • 28 January 2004: The Guardian

Citation

Eurofound (2004), FKI, Internal restructuring in United Kingdom, factsheet number 59746, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59746.