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

200 jobs
Number of planned job losses
Job loss
Announcement Date
26 May 2010
Employment effect (start)
Foreseen end date

Description

Alcoa Howmet, a producer of turbine blades, has announced plans to cut 200 about jobs in Exeter. The cuts are blamed on falling demand. The union Unite said it would suggest pay cuts or short-time working to try and avoid as many cuts as possible. As of May 2010, no date has been announced for the implementation of the cuts.


Sources

  • 27 May 2010: BBC News
  • 26 May 2010: BBC News

Citation

Eurofound (2010), Alcoa Howmet, Internal restructuring in United Kingdom, factsheet number 70595, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70595.