Type
Internal restructuring
Country
United Kingdom
Region
South West; Devon;
Location of affected unit(s)
Exeter
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Other Transport Equipment
30 - Manufacture of other transport equipment

95 jobs
Number of planned job losses
Job loss
Announcement Date
10 September 2009
Employment effect (start)
Foreseen end date

Description

Alcoa Howmet, a US manufacturer of turbine airfoils, announced plans to cut up tp 95 jobs in Exeter. The cuts were blamed on a 'big decline in orders'. Unite the union said that they would try to reduce the number of compulsory redundancies. As of November 2009 no date has been given for the implementation of the cuts.


Sources

  • 10 September 2009: BBC News

Citation

Eurofound (2009), Alcoa Howmet, Internal restructuring in United Kingdom, factsheet number 69831, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69831.