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.
Hundreds of jobs are at risk at a meat factory in Norfolk after the company announced it was shifting production. Tulip Ltd said it was stopping making fresh pork and bacon products at its Caxton Way headquarters in Thetford with the potential loss of 350 jobs. The firm says the site is inefficient and has been making losses for years.
Tulip says it is expanding its plants in King's Lynn and at Linton in Cambridgeshire, and some new jobs will be available to workers there. Management will now enter into a 90-day consultation period with representatives from the Transport and General Workers Union (T&G).
Tulip Ltd, one of Thetford's biggest employers, has been based in the town for over 40 years. It has 17 sites throughout England and employs approximately 7,500 people.
Eurofound (2007), Tulip, Relocation in United Kingdom, factsheet number 65088, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65088.