Restructuring events
European Restructuring Monitor (ERM)
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.
Northern Foods is to close two factories with the loss of more than 1,000 jobs. The food manufacturer - which owns the Goodfellas, Dalepak, Fox's and Pork Farms food brands - yesterday announced plans to shut Cavaghan & Gray, a quiche-making factory in Carlisle which employs 660. Evesham Foods, in Worcestershire, which turns out sausage rolls, is also listed to close, with the loss of about 400 jobs. Northern Foods said it was taking ‘robust action' to cut costs and boost productivity and had already eliminated 30 senior management positions to simplify its structure, shorten reporting lines and cut out duplication. Its workforce totals 22,000.
Eurofound (2004), Northern Foods, Internal restructuring in United Kingdom, factsheet number 60542, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60542.