Type
Internal restructuring
Country
United Kingdom
Region
South West; Cornwall and Isles of Scilly;
Location of affected unit(s)
Sector
Mining / Quarrying
Mining And Quarrying
Other Mining And Quarrying
08 - Other mining and quarrying

117 jobs
Number of planned job losses
Job loss
Announcement Date
18 May 2005
Employment effect (start)
Foreseen end date

Description

Almost 120 jobs are being cut at Imerys, a china clay company based in Cornwall. It is making 117 staff redundant which is about 6% of the total workforce employed in the county. The company said over half of the posts being cut were due to improved productivity and technical innovation. It blamed the remaining cuts on ‘difficult global trading conditions’ and ‘unusually steep increases in prices of energy, international freight and chemicals’.


Sources

  • 18 May 2005: BBC News

Citation

Eurofound (2005), Imerys, Internal restructuring in United Kingdom, factsheet number 61602, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61602.