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 (England); Cambridgeshire and Peterborough; Peterborough
Location of affected unit(s)
Peterborough
Sector
Manufacturing (28) Manufacture of machinery and equipment 28 - Manufacture of machinery and equipment n.e.c. 28 - Manufacture of machinery and equipment n.e.c.
150 jobs Number of planned job losses
Announcement Date
8 December 2008
Employment effect (start)
Foreseen end date
Description
Perkins Engines, a company manufacturing diesel engines, has announced that it is to cut 150 jobs at its site in Peterborough. The cuts reflect the company's response to falling demand and they will mostly affect temporary staff. However, the company has committed to implementing a voluntary redundancy scheme for permanent staff. As of 12 December 2008 there is no information on when the job losses will occur.
Sources
8 December 2008: BBC News
Citation
Eurofound (2008), Perkins Engines, Internal restructuring in United Kingdom, factsheet number 67636, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67636.