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.
North East (England); Northumberland, Durham and Tyne & Wear; Sunderland
Location of affected unit(s)
Sunderland
Sector
Manufacturing (29 - 30) Manufacture for transport equipment 29.3 - Manufacture of motor vehicle parts and accessories 29.32 - Manufacture of other parts and accessories for motor vehicles
100 jobs Number of planned job losses
Announcement Date
2 February 2018
Employment effect (start)
Foreseen end date
Description
Car interiors specialists International Automotive Consultants has announced plans to close its site in Sunderland. The decision is expected to result in the loss of 100 jobs. The decision has been taken due to the fall in orders from customers close to the site. The company is considering carrying out existing orders for customers at sites which are closer to those customers. Staff have been informed of the company's position and a formal collective redundancy consultation is reported to be underway. The company downsized at its site in Merseyside in 2017.
Sources
2 February 2018: Chronicle Live
Citation
Eurofound (2018), International Automotive Components, Closure in United Kingdom, factsheet number 93185, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/93185.