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 Food And Beverage Manufacture Of Food Products 10 - Manufacture of food products
250 jobs Number of planned job losses
Announcement Date
22 September 2005
Employment effect (start)
Foreseen end date
30 April 2006
Description
The Walkers crisp factory in Swansea is to close after 50 years at the south Wales site. All 250 workers will lose their jobs, but will be offered alternative posts at the PepsiCo's other UK plants. Production of Monster Munch, Wotsits and other snacks will switch to factories at Peterlee and Coventry. Walkers president Martin Glenn said the shift would move production closer to distribution sites. He said the snack market was an 'increasingly competitive environment'.
Sources
22 September 2005: The Guardian
22 September 2005: BBC News
Citation
Eurofound (2005), Walkers, Relocation in United Kingdom, factsheet number 62268, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62268.
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