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.
East Midlands (England); Leicestershire, Rutland and Northamptonshire; North Northamptonshire
Location of affected unit(s)
Oundle, Weldon
Sector
Manufacturing (29 - 30) Manufacture for transport equipment 30 - Manufacture of other transport equipment 30 - Manufacture of other transport equipment
275 jobs Number of planned job losses
Announcement Date
15 December 2008
Employment effect (start)
Foreseen end date
31 March 2009
Description
Fairline Boats, a company manufacturing luxury boats, is to cut 275 jobs at its Oundle and Weldon sites in Northamptonshire. The cuts are due to falling demand and will affect staff in production and administration. The company will implement the job losses in March 2009.
Sources
15 December 2008: BBC News UK
Citation
Eurofound (2008), Fairline Boats, Internal restructuring in United Kingdom, factsheet number 67691, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67691.