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 (26 - 27) Manufacture of electrical, electronic and optical products 27 - Manufacture of electrical equipment 27 - Manufacture of electrical equipment
1,450 jobs Number of planned job losses
Announcement Date
25 April 2003
Employment effect (start)
Foreseen end date
Description
Alstom is experiencing a restructuring programme all over Europe. In April 2003, management in the UK announced a 450 job cut at the Rugby, Whetstone and Knutsford units. On 23 June 2003, a second 1,000 job cut was announced for the Washwood Heath unit.
Sources
1 July 2003: The Guardian
23 June 2003: Les Echos
6 April 2003: The Guardian
Citation
Eurofound (2003), Alstom, Internal restructuring in United Kingdom, factsheet number 59952, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59952.