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 Of Rubber And Plastic Products And Other Non-Metallic Mineral Products Manufacture Of Rubber And Plastic Products 22.29 - Manufacture of other plastic products
96 jobs Number of planned job losses
Announcement Date
1 June 2020
Employment effect (start)
Foreseen end date
Description
Mainetti UK, the Italy-based global company manufacturing and distributing garment hangers has announced plans to cease production in its factory in Jedburgh, Scotland, making 96 people working in production, warehouse and operations roles redundant. Consultation with the affected staff is already underway.
The company’s managing director said there had been a drop in demand for their products, because fashion retail had been strongly affected by the Covid-19 pandemic and the proposed restructure was necessary to ensure the sustainability of the business.
Mainetti employs more than six thousand people in 90 locations around the world.
Eurofound (2020), Mainetti, Internal restructuring in United Kingdom, factsheet number 101304, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/101304.
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