ICI Paints

Type
Internal restructuring
Country
United Kingdom
Region
Location of affected unit(s)
Slough, Middlesborough, High Wycombe
Sector
Manufacturing
(20 - 21) Manufacture of chemicals and pharmaceuticals
20 - Manufacture of chemicals and chemical products
20 - Manufacture of chemicals and chemical products
300 jobs
Number of planned job losses
Job loss
Announcement Date
12 May 2003
Employment effect (start)
Foreseen end date

Description

There is possibility of further staff losses in the first phase and a further restructuring decisions still to be made. The reasons of these restructuration are linked with the wish of ICI to improve the cost-effectiveness of the group.

Sources

  • 1 May 2003: The Guardian
  • 2 May 2003: The Guardian

Citation

Eurofound (2003), ICI Paints, Internal restructuring in United Kingdom, factsheet number 58871, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/58871.