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 Manufacturing Of Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28 - Manufacture of machinery and equipment n.e.c.
271 jobs Number of planned job losses
Announcement Date
20 November 2009
Employment effect (start)
Foreseen end date
Description
JCB, which manufactures digging equipment, has announced plans to cut up to 196 jobs at five bases in Staffordshire and Wrexham. The company said that there had been no increase in demands for products and that it did not anticipate order levels to increase. As a result there must be a reduction in staff numbers. A 90 day consultation period has begun at the firms world HQ in Rocester and other sites have started a 45 day consultation period.
On 12 January 2010, JCB announced it would make 75 more people redundant on top of nearly 200 job losses announced in November. It said tough global market conditions had lead to the need for more job cuts and it was looking for voluntary redundancies. A 30-day consultation with staff has begun.
Sources
20 November 2009: BBC Website
12 January 2010: BBC News
Citation
Eurofound (2009), JCB, Internal restructuring in United Kingdom, factsheet number 69875, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69875.
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