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.
Northern Ireland; Northern Ireland; Armagh City, Banbridge and Craigavon
Location of affected unit(s)
Armagh
Sector
Manufacturing (10 - 11) Manufacture of food and beverage 10.7 - Manufacture of bakery and farinaceous products 10.7 - Manufacture of bakery and farinaceous products
90 jobs Number of planned job losses
Announcement Date
10 April 2018
Employment effect (start)
Foreseen end date
Description
Linwoods bakery in Northern Ireland has announced plans to cut 90 jobs. The business operates across two sites in county Armagh and currently employs 295 staff, 250 full time and 45 casual. A spokesperson for the business confirmed that the job cuts were a result of falling demand for the company's products, with the demand for white bread in particular now much lower than it had been in the past. The company also produces and exports health foods, though that side of the business is unaffected by the latest announcement. There is no information as to when the job losses will take effect.
Sources
10 April 2018: BBC Website
10 April 2018: Belfast Telegraph
Citation
Eurofound (2018), Linwoods, Internal restructuring in United Kingdom, factsheet number 93987, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/93987.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
Can Europe still achieve its ambitions for battery manufacturing? To answer this, the article looks at data from Eurofound’s European Restructuring Monitor and explores what recent large-scale restructuring events reveal about the state of play in the EU battery sector.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...