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 (31) Manufacture of furniture 31 - Manufacture of furniture 31 - Manufacture of furniture
110 jobs Number of planned job losses
Announcement Date
11 March 2011
Employment effect (start)
Foreseen end date
Description
Triumph Furniture Company has made 110 employees redundant in South Wales with immediate effect after going into administration. The cuts are blamed on a slump in sales to public sector bodies. The firm is continuing to trade as attempts are made to findĀ a new buyer.
Sources
11 March 2011: BBC
Citation
Eurofound (2011), Triumph Furniture Company, Internal restructuring in United Kingdom, factsheet number 71729, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71729.