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)
Droitwich
Sector
Manufacturing Manufacturing Of Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28.11 - Manufacture of engines and turbines, except aircraft, vehicle and cycle engines
225 jobs Number of planned job losses
Announcement Date
30 January 2018
Employment effect (start)
Foreseen end date
Description
Manufacturing firm Doncasters Precision Castings has announced that it is to cut 225 jobs. The Droitwich-based firm, which manufactures nickel-cobalt turbine blades, has said that the job losses are necessary in order to cut costs, and has stressed that there are no plans to cease operations in the town. The statutory 45 day consultation process is reported to be underway, using the company's pre-existing joint consultative committee as the forum for discussions. A spokesperson for the company confirmed that a key aim of the consultation was to reduce the need for compulsory redundancies.
Sources
30 January 2018: Droitwich Standard
Citation
Eurofound (2018), Doncasters Precision Castings, Internal restructuring in United Kingdom, factsheet number 93186, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/93186.
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