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; Northumberland and Tyne and Wear; Tyneside
Location of affected unit(s)
Newcastle Upon Tyne
Sector
Manufacturing Manufacture Of Food And Beverage Manufacture Of Food Products 10.71 - Manufacture of bread; manufacture of fresh pastry goods and cakes
100 jobs Number of planned job losses
Announcement Date
12 July 2019
Employment effect (start)
Foreseen end date
Description
Bakery company Warburtons announced the closure of its premises in Newburn, Newcastle Upon Tyne. The closure of the site will result in the loss of 100 positions, but it will not affect 18 employees from a separate bakery, responsible for 'free from' products. The company attributed the decision to changing customer preferences, as customers prefer buying wrapped bakery options to bread loaves. The plans are now subject to the statutory 45-day consultation period, with the intention of the company to redeploy staff wherever possible.
Eurofound (2019), Warburtons, Closure in United Kingdom, factsheet number 98226, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/98226.
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