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 (10 - 11) Manufacture of food and beverage 10 - Manufacture of food products 10 - Manufacture of food products
500 jobs Number of planned job losses
Announcement Date
2 June 2004
Employment effect (start)
Foreseen end date
Description
Northern Foods, which makes quiches, biscuits and other foods for Marks & Spencer, announced on 02 June 2004 that it was cutting 500 jobs and beginning a programme of restructuring. This would include the centralising of buying operations and the sale of a number of peripheral businesses. Mr Blackburn, the chairman, said: "The growing consolidation and reorganisation of the UK food retailing can only increase the pressure on producers and suppliers to deliver value to their customers."
Sources
3 June 2004: The Guardian
Citation
Eurofound (2004), Northern Foods, Internal restructuring in United Kingdom, factsheet number 60363, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60363.