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 Chemicals And Pharamceuticals Manufacture Of Basic Pharmaceutical Products And Pharmaceutical Preparations 21 - Manufacture of basic pharmaceutical products and pharmaceutical preparations
155 jobs Number of planned job losses
Announcement Date
17 December 2008
Employment effect (start)
1 January 2009
Foreseen end date
1 June 2010
Description
GE Healthcare, a pharmaceutical company, is to cut 155 jobs at its Whitchurch site in Cardiff. The company will stop making radiochemicals at the Cardiff plant which employs 420 staff. The job losses will be implemented over the next 18 months (from January 2009 to June 2010), while the company hopes to redeploy up to 150 employees in new biotechogy research posts.
Sources
17 December 2008: BBC News UK
Citation
Eurofound (2008), GE Healthcare, Internal restructuring in United Kingdom, factsheet number 67688, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67688.
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