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.
Manufacturing Manufacturing Of Furniture And Other Manufacturing Other Manufacturing 32 - Other manufacturing
New offshoring locations
Singapore
100 jobs Number of planned job losses
Announcement Date
8 November 2006
Employment effect (start)
Foreseen end date
Description
Clearlab, a contact lenses manufacturer, is to offshore its operations to Singapore with the loss of 100 jobs in Plymouth. The firm said on 8 November 2006 that manufacturing, technical and research and development units were being moved to Singapore. Clearlab said all its Plymouth workers were at risk of redundancy and formal consultations had started. It comes after the company made financial losses this year and began a review of its UK operation.
Sources
8 November 2006: BBC News
Citation
Eurofound (2006), Clearlab, Offshoring/Delocalisation in United Kingdom, factsheet number 64416, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64416.
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