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 (20 - 21) Manufacture of chemicals and pharmaceuticals 20 - Manufacture of chemicals and chemical products 20 - Manufacture of chemicals and chemical products
1,000 jobs Number of planned job losses
Announcement Date
5 February 2003
Employment effect (start)
1 January 2003
Foreseen end date
1 January 2005
Description
Boots, the high street chemist and general retailer, announced it would close its production plant of Airdrie in Lanarkshire with the loss of 1,000 posts. The facility will close during the next 2 years. Boots said it would try to minimise the impact of the closure by offering some redeployment and avoiding compulsory redundancy over the first nine months.
Sources
5 February 2003: The Guardian
Citation
Eurofound (2003), Boots, Internal restructuring in United Kingdom, factsheet number 59496, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59496.