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.
East Midlands; Leicestershire; Rutland and Northamptonshire
Location of affected unit(s)
Corby
Sector
Manufacturing Manufacture, Printing And Reproduction Of Recorded Media Printing And Reproduction Of Recorded Media 18 - Printing and reproduction of recorded media
300 jobs Number of planned job losses
Announcement Date
13 February 2008
Employment effect (start)
Foreseen end date
Description
Quebecor World, a firm that operates in the printing sector, has announced that it is to close its site in Corby in Northamptonshire with the loss of 300 jobs. The firm entered receivership in January 2008, yet it had been hoped that a buyer would be found for the site. A representative from the trade union Unite said that it was unfortunate for staff given the potential problems they would have in finding alternative work in the area. Quebecor World’s financial problems are a result of difficulties faced by the firm’s Canadian parent company. As of February 2008 there is no information on when the site is to close and the job losses are to be implemented.
Sources
13 February 2008: BBC News
Citation
Eurofound (2008), Quebecor World, Closure in United Kingdom, factsheet number 66315, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66315.
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