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.
East Midlands; Leicestershire; Rutland and Northamptonshire
Location of affected unit(s)
Sector
Manufacturing Manufacture Of Food And Beverage Manufacture Of Food Products 10 - Manufacture of food products
200 jobs Number of planned job losses
Announcement Date
10 February 2005
Employment effect (start)
Foreseen end date
Description
Saxby's, one of the UK's leading suppliers in pastries and pork pies has announced that 200 jobs will be cut from the total workforce of 325. The company which celebrated their centenary in 2004, said it has no choice but to cease production of its delicatessen-style baked products. A spokesman said sales have been in decline over a long period of time. The company will now focus on producing pies which can be cooked at home.
Sources
10 February 2005: BBC News
Citation
Eurofound (2005), Saxby's, Internal restructuring in United Kingdom, factsheet number 61114, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61114.
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