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 (28) Manufacture of machinery and equipment 28 - Manufacture of machinery and equipment n.e.c. 28 - Manufacture of machinery and equipment n.e.c.
490 jobs Number of planned job losses
Announcement Date
17 March 2005
Employment effect (start)
Foreseen end date
Description
The engineering group Weir said 490 jobs would be cut at its pumps and valves divisions. Weir said about 310 jobs would go at its pumps division. Its plant in Glasgow will be relocated to a smaller site in the city, while the number of employees in Alloa, Manchester and some regional offices will be scaled back. The group braced around 180 staff for redundancy at its factory in Huddersfield under moves to outsource non-essential operations and relocate its UK-based valves business.
Sources
18 March 2005: The Guardian
Citation
Eurofound (2005), Weir, Closure in United Kingdom, factsheet number 61280, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61280.