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.
South East; Berkshire; Buckinghamshire and Oxfordshire
Location of affected unit(s)
Sector
Retail Retail Trade, Except Of Motor Vehicles And Motorcycles Retail Sale In Non-Specialised Stores 47.1 - Retail sale in non-specialised stores
300 jobs Number of planned job losses
Announcement Date
1 November 2005
Employment effect (start)
Foreseen end date
28 February 2006
Description
Three hundred Tesco depot workers are to lose their jobs at a supermarket distribution centre in Milton Keynes.
In February 2006 Tesco will close the Kiln Farm depot which it opened 32 years ago. The company says that it can no longer operate at a level needed to serve the company's stores and customers.
Tesco is also meeting workers one-to-one to try to relocate as many staff as possible. Some might be found jobs at Tesco's other big distribution depot in the city at Fenny Lock - which employs 1,200 people - or a new warehouse at Daventry.
Sources
1 November 2005: BBC News
Citation
Eurofound (2005), TESCO, Closure in United Kingdom, factsheet number 62479, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62479.
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