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; Derbyshire and Nottinghamshire; Derby
Location of affected unit(s)
Sector
Manufacturing Manufacture For Transport Equipment Manufacture Of Other Transport Equipment 30 - Manufacture of other transport equipment
70 - 100 jobs Number of planned job losses
Announcement Date
17 January 2006
Employment effect (start)
Foreseen end date
Description
Engineering firm Rolls-Royce has announced that 100 jobs are in doubt. There will be 70 jobs lost at its submarine division in Derby and thirty others could lose their jobs, but a spokesman said it was hoped most of them could be found other work. The company said the cuts were part of a restructuring programme and the majority of staff affected have taken voluntary redundancy. Tony Tinley, from the union, said: 'So far so good. Obviously it gets more difficult as you get down to the last few numbers.'
Sources
17 January 2006: BBC News
Citation
Eurofound (2006), Rolls-Royce, Internal restructuring in United Kingdom, factsheet number 62807, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62807.
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