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 (29 - 30) Manufacture for transport equipment 29.1 - Manufacture of motor vehicles 29.1 - Manufacture of motor vehicles
850 jobs Number of planned job losses
Announcement Date
5 February 2009
Employment effect (start)
Foreseen end date
31 May 2009
Description
Ford is to cut 850 jobs across the UK. The job losses are blamed on falling demand for commercial vans and they will affect workers in Southampton (500 staff), Essex, Northamptonshire, Merseyside and south Wales. The announced redundancies follow the company's recent decision to introduce pay cuts in order to maintain jobs. UNITE and GMB unions accused Ford of intending to use the pay cuts for redundancy compensation and did not rule out a ballot for industrial action unless the company reconsidered its plans. The losses will occur by May 2009.
Sources
5 February 2009: BBC News
Citation
Eurofound (2009), Ford, Internal restructuring in United Kingdom, factsheet number 68090, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68090.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
Can Europe still achieve its ambitions for battery manufacturing? To answer this, the article looks at data from Eurofound’s European Restructuring Monitor and explores what recent large-scale restructuring events reveal about the state of play in the EU battery sector.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...