Type
Internal restructuring
Country
United Kingdom
Region
Location of affected unit(s)
Sector
Manufacturing
Manufacturing Of Machinery And Equipment
Manufacture Of Machinery And Equipment N.E.C.
28 - Manufacture of machinery and equipment n.e.c.

400 jobs
Number of planned job losses
Job loss
Announcement Date
13 November 2008
Employment effect (start)
Foreseen end date

Description

JCB, a construction equipment company, is to cut about 400 jobs at its UK factories. The job losses reflect a decline in orders and include 297 shop floor posts and 101 staff posts. There is also the danger of another 336 shop floor employees being made redundant, but the company explained that it hopes for a pick-up in demand in Spring 2009. The GMB union has been briefing its members on the job cuts and does not expect further losses 'at the current level of business'.


Sources

  • 14 November 2008: The Guardian
  • 13 November 2008: BBC News

Citation

Eurofound (2008), JCB, Internal restructuring in United Kingdom, factsheet number 67375, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67375.