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
584 jobs Number of planned job losses
Announcement Date
15 March 2007
Employment effect (start)
Foreseen end date
Description
Hundreds of jobs are under threat after a heating company confirmed it is to close two sites in Lancashire. Baxi Heating UK has announced that the Alfer Cast Iron Foundry in Bamber Bridge and a production plant in Padiham will be shut down.
The firm, which produces central heating and hot water systems, says it is aiming to centralise its operation at its Preston factory. The unions say workers feel "devastated" by the announcement.
More than 500 people are currently employed at the plant in Padiham but the company says it hopes to offer a significant number of employees the option of relocating to the Club Street site in Preston.
Baxi also says it hopes to offer all 84 workers at the iron foundry at Bamber Bridge, which is to close after 30 years in operation, jobs elsewhere on the site.
The exact number of redundancies will not be known until the end of the 90-day consultation period.
Sources
15 March 2007: BBC Website
Citation
Eurofound (2007), Baxi Heating UK, Relocation in United Kingdom, factsheet number 65090, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65090.
Digitisation and automation technologies, including artificial intelligence (AI), can affect working conditions in a variety of ways and their use in the workplace raises a host of new ethical concerns.
The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
European labour markets have recovered strongly from COVID-19. By the end of 2021, little more than 18 months after the start of the pandemic, employment rates in the EU were almost at pre-crisis levels.
