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)
Milton Keynes
Sector
Retail Retail Trade, Except Of Motor Vehicles And Motorcycles Retail Sale In Non-Specialised Stores 47.1 - Retail sale in non-specialised stores
400 jobs Number of planned job losses
Announcement Date
27 June 2007
Employment effect (start)
30 September 2007
Foreseen end date
Description
Supermarket Tesco is to axe up to 400 jobs at a distribution centre following a review of its network. The jobs will go at the automated picking operation at Fenny Lock, in Milton Keynes, which employs 1,500 workers. The company said it would try to find the sacked workers alternative roles in Tesco. A company spokesman said: 'We have to regularly review our distribution network to ensure we can deliver the very best service to both stores and customers. Consequently we no longer plan to operate the automated picking operation in Fenny Lock. Subject to consultation with trade unions, the trunking operation will close by the end of September.'
Sources
27 June 2007: The Guardian
27 June 2007: BBC News
Citation
Eurofound (2007), Tesco, Internal restructuring in United Kingdom, factsheet number 65553, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65553.
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