Restructuring events
European Restructuring Monitor (ERM)
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.
A total of 106 jobs are to be lost at Premier Foods on a phased basis between September 2007 and January 2008. The Chivers jam factory in Coolock is to close with 59 jobs. The factory has operated there since 1932. A further 47 jobs are to be lost at distribution centres in Coolock, Blanchardstown and Thurles. They will be outsourced to a logistics company in Ashbourne, County Meath.
It is understood Premier Foods says the job losses are due to an extensive review of manufacturing and warehousing operations across the company and it will hold a consultation exercise with the workforce. Terms of four weeks' pay for each year of service, plus statutory entitlements of two weeks' pay for each year of service, have already been offered to employees at the Ballycoolin plant in Blanchardstown, but the offer was rejected. The workers, who are members of the SIPTU trade union, want a higher severance settlement.
Eurofound (2007), Premier Foods, Closure in Ireland, factsheet number 65634, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65634.