Restructuring events
European Restructuring Monitor (ERM)
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.
Colgate is to close a factory in Britain with the loss of 400 jobs. These jobs will be lost in the plant at Salford which is expected to close in 2007 ". Union leaders said they had been told production was being switched to Eastern Europe. Factories in Italy, Poland, Romania and Turkey will also be affected but the company's other British site - in Guildford - will not be. Colgate said: ‘During the coming weeks, the company will begin the process for sharing information and consulting with shop stewards, union officials and the European Works Council regarding the proposed plans for the intended closure'. The Colgate-Palmolive group said in December that it planned to cut 4,400 jobs and close a third of its 78 factories around the world under a restructuring plan.
Eurofound (2005), Colgate, Offshoring/Delocalisation in United Kingdom, factsheet number 61601, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61601.