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 (13 - 15) Manufacture of textiles, apparel and leather 13.9 - Manufacture of other textiles 13.9 - Manufacture of other textiles
108 jobs Number of planned job losses
Announcement Date
3 April 2006
Employment effect (start)
Foreseen end date
Description
More than 100 jobs are to be lost at the Fulflex elastics manufacturing plant in Limerick. Blaming intense global competition, its owner, the Moore Company, said it would cease manufacturing at the factory in a bid to stave off losses. Some 108 managers, manufacturing staff and other related posts will be lost from the company's workforce of 124.
Sources
20 April 2004: The Irish Times
Citation
Eurofound (2006), Fulflex Elastics, Internal restructuring in Ireland, factsheet number 63275, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63275.