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.
Retail Wholesale Trade, Except Of Motor Vehicles And Motorcycles Wholesale On A Fee Or Contract Basis 46.16 - Agents involved in the sale of textiles, clothing, fur, footwear and leather goods
108 jobs Number of planned job losses
Announcement Date
1 April 2005
Employment effect (start)
Foreseen end date
Description
More than 100 workers at a Marks & Spencer buying facility in County Londonderry are to lose their jobs, the company has announced. A M&S spokeswoman said the operation in Claudy was no longer viable because in future all garments would be bought through a central department in London. The company has said its operation in the town will close in December 2005. Marks & Spencer chief executive Stuart Rose said consultation on redundancies had already begun with the 108 staff.
Sources
1 April 2005: BBC News
Citation
Eurofound (2005), Marks and Spencer, Closure in United Kingdom, factsheet number 61354, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61354.
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