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 (10 - 11) Manufacture of food and beverage 10 - Manufacture of food products 10 - Manufacture of food products
327 jobs Number of planned job losses
Announcement Date
5 February 2009
Employment effect (start)
Foreseen end date
28 January 2009
Description
Serious Food Ltd, a food manufacturer, is to cut 327 jobs at its Llantrisant site in south east Wales. The company has already made 127 of its 420 staff redundant after going into administration in November 2008. The administrators failed to find buyers for the business and they announced a further 200 job losses in February 2009. The cuts were blamed on the current trading conditions. The site now operates with 90 staff only.
Sources
28 January 2009: BBC News
5 February 2009: BBC News
Citation
Eurofound (2009), Serious Food, Bankruptcy in United Kingdom, factsheet number 68021, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68021.
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