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 Manufacture For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29 - Manufacture of motor vehicles, trailers and semi-trailers
1,400 jobs Number of planned job losses
Announcement Date
25 October 2012
Employment effect (start)
1 January 2013
Foreseen end date
31 December 2013
Description
Ford motor company has announced plans to shut down two plants in the UK resulting in the loss of 1,400 jobs. The company will close its Southampton van factory and its Dagenham stamping plant in east London. The cuts are to be implemented in 2013.
According to trade union sources, the number of job losses could reach 2000 with production of the Transit van moving to Turkey. Ford aims at implementing most of the job cuts through voluntary redundancies and re-deployment.
Sources
25 October 2012: BBC News
Citation
Eurofound (2012), Ford, Closure in United Kingdom, factsheet number 74406, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74406.
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