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
5,000 jobs Number of planned job losses
Announcement Date
11 August 2003
Employment effect (start)
Foreseen end date
Description
As part of the European restructuring plan of Alstom, 5,000 jobs will go in the UK as the group winds down manufacture of power plant equipment. On top of 1,000 job cuts at its Birmingham train making plant, a further 4,000 job cuts are planned - mostly at sites in Stafford, Rugby and Kidsgrove.
Sources
11 August 2003: The Guardian
Citation
Eurofound (2003), Alstom, Internal restructuring in United Kingdom, factsheet number 60243, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60243.