Restructuring events
European Restructuring Monitor (ERM)
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.
Ceramics company Wedgwood has announced that 161 jobs are to go over the next few weeks.
Three hundred posts were reviewed in November resulting in 78 people losing their jobs at the Coalport site in Staffordshire in January. A spokesman said the latest cuts are less than was first thought and include some voluntary redundancies. Talks with staff and unions have taken place. The losses will reduce the workforce in Stoke-on-Trent to about 2,000 people. The company will continue its review to ensure production costs are kept in line with market demand and business expectations over the coming year, the spokesman said.
Eurofound (2006), Wedgwood, Internal restructuring in United Kingdom, factsheet number 63155, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63155.
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