Past Times

Type
Merger/Acquisition
Country
United Kingdom
Region
South East (England); Berkshire, Buckinghamshire and Oxfordshire; Oxfordshire CC
Location of affected unit(s)
Witney
Sector
Adminstrative / Support Services
82 - Office administrative, office support and other business support activities
82.2 - Activities of call centres
82.20 - Activities of call centres
100 - 200 jobs
Number of planned job losses
Job loss
Announcement Date
11 January 2006
Employment effect (start)
Foreseen end date

Description

Following its acquisition by Epic Reconstruction plc, Past Times has closed its call centre in Witney, Oxfordshire and declared redundant 100 employees. One hundred more workers are facing the possibility of losing their jobs. A decision on the future of its 95 stores has yet to be made. The remaining 100 employees have been notified that they have been put at risk of redundancy and it is likely that a significant number of these will be retained by the company.

Sources

  • 11 January 2006: BBC News

Citation

Eurofound (2006), Past Times, Merger/Acquisition in United Kingdom, factsheet number 62780, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62780.