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.
Manufacturing Manufacture For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.20 - Manufacture of bodies (coachwork) for motor vehicles; manufacture of trailers and semi-trailers
125 jobs Number of planned job losses
Announcement Date
21 May 2020
Employment effect (start)
6 July 2020
Foreseen end date
Description
Wrightbus, the British bus builder, has announced that it is cutting 125 jobs, 35 permanent and 90 agency positions at its main site in Ballymena, in Northern Ireland.
The company’s chief executive said the restructuring was necessary to compensate for the economic slowdown resulting from the COVID-19 pandemic.
An officer of the trade union Unite the Union said the company’s decision to propose job cuts and start redundancy consultations was “'regrettable”. He called on the management to utilise the UK government's job retention scheme instead of cutting jobs, and to keep skilled workers to accelerate the production of new, more environmentally friendly buses.
Wrightbus has created the world’s first hydrogen-electric double-decker bus, which emits only water. The company currently employs 700 people.
Eurofound (2020), Wrightbus, Internal restructuring in United Kingdom, factsheet number 101101, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/101101.
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