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 (32) Other manufacturing 32.4 - Manufacture of games and toys 32.4 - Manufacture of games and toys
160 jobs Number of planned job losses
Announcement Date
2 December 2008
Employment effect (start)
2 December 2008
Foreseen end date
2 December 2008
Description
J A Magson, a toy and stationery manufacturer, has gone into administration with the loss of 160 jobs in York.The company blamed reduced demand for toys because of the current economic conditions and poor weather over the summer for its move into administration. As of 7 December 2008, a date has not yet been set for final closure of the firm.
Sources
2 December 2008: BBC News
Citation
Eurofound (2008), J A Magson, Closure in United Kingdom, factsheet number 67584, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67584.