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.
West Midlands; Herefordshire; Worcestershire and Warwickshire
Location of affected unit(s)
Worcester
Sector
Manufacturing Manufacture For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.3 - Manufacture of parts and accessories for motor vehicles
80 jobs Number of planned job losses
Announcement Date
13 December 2006
Employment effect (start)
1 March 2007
Foreseen end date
Description
Hydro Aluminium, a car parts firm that closed two of its UK factories in August 2006, has announced that it is to make 80 of its staff in its Worcester factory redundant. The firm supplies components for firms including Aston Martin and Jaguar. The firm said a reduction in the number of orders for next year made the redundancies necessary. It is not known when the losses will take effect.
Sources
13 December 2006: BBC News
17 August 2006: BBC News
Citation
Eurofound (2006), Hydro Aluminium, Internal restructuring in United Kingdom, factsheet number 63925, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63925.
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