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.
West Midlands; Herefordshire; Worcestershire and Warwickshire
Location of affected unit(s)
Coleshill
Sector
Professional Services Scientific, Architectural And Engineering Technical Activities Architectural And Engineering Activities; Technical Testing And Analysis 71.12 - Engineering activities and related technical consultancy
242 - 268 jobs Number of planned job losses
Announcement Date
26 July 2013
Employment effect (start)
26 July 2013
Foreseen end date
Description
Greenwoods Communications has made more than 240 staff redundant. The company is closing its Coleshill plant in Warwickshire because of cashflow problems. About 26 employees are being kept on the site in order to assist with the closure. Staff would be remunerated until the end of July and will also receive redundancy payments.
Sources
26 July 2013: BBC News
Citation
Eurofound (2013), Greenwoods Communications, Bankruptcy in United Kingdom, factsheet number 75750, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75750.
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