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 Basic Metal And Fabricated Metal Products Manufacture Of Fabricated Metal Products, Except Machinery And Equipment 25 - Manufacture of fabricated metal products, except machinery and equipment
140 jobs Number of planned job losses
Announcement Date
1 February 2006
Employment effect (start)
Foreseen end date
Description
The defence company Thales in Taunton has announced that around 140 jobs are at risk out of a workforce of just over 200. Some staff could be relocated to Glasgow and other Thales sites across the UK. A spokesman for the company in Somerset said the potential job losses were part of a drive to reduce costs and increase business efficiency.
Sources
1 February 2006: BBC News
Citation
Eurofound (2006), Thales, Internal restructuring in United Kingdom, factsheet number 62883, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62883.
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