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 (29 - 30) Manufacture for transport equipment 30.3 - Manufacture of air and spacecraft and related machinery 30.32 - Manufacture of military air and spacecraft and related machinery
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://apps.eurofound.europa.eu/restructuring-events/detail/62883.