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.
Carmaker Vauxhall has confirmed 879 job cuts at its Ellesmere Port factory in Cheshire, warning the plant must further improve its productivity. The announcement was made after Vauxhall management and GM officials met union leaders at the factory. Union leader Derek Simpson (Amicus), said the decision was 'another devastating blow to the car industry and UK manufacturing in general'. The government said it would do all it could to help staff find new jobs. The 879 job cuts represent just under a third of the plant's overall 3,000-strong workforce.
Vauxhall has announced that it does not expect to need to make compulsory redundancies as 911 workers signed up for voluntary redundancy when only 879 workers will be made redundant.
Eurofound (2006), Vauxhall, Internal restructuring in United Kingdom, factsheet number 63498, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63498.