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)
Warwickshire
Sector
Manufacturing Manufacture For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.3 - Manufacture of parts and accessories for motor vehicles
155 jobs Number of planned job losses
Announcement Date
29 November 2013
Employment effect (start)
Foreseen end date
Description
Car parts manufacturer RSM Industries has announced plans to cut 155 jobs in Warwickshire. The company will be then left with only 15 employees. The cuts will affect 95 full-time and 60 contract staff.
The job losses are blamed on the cancellation of nine contracts with Johnson Controls, the company's main client.
No specific date has been given for the implementation of the job cuts.
Sources
29 November 2013: BBC News
Citation
Eurofound (2013), RSM Industries, Internal restructuring in United Kingdom, factsheet number 76337, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76337.
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