Type
Internal restructuring
Country
United Kingdom
Region
East Midlands; Leicestershire; Rutland and Northamptonshire
Location of affected unit(s)
Oundle, Weldon
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Other Transport Equipment
30 - Manufacture of other transport equipment

275 jobs
Number of planned job losses
Job loss
Announcement Date
15 December 2008
Employment effect (start)
Foreseen end date
31 March 2009

Description

Fairline Boats, a company manufacturing luxury boats, is to cut 275 jobs at its Oundle and Weldon sites in Northamptonshire. The cuts are due to falling demand and will affect staff in production and administration. The company will implement the job losses in March 2009.


Sources

  • 15 December 2008: BBC News UK

Citation

Eurofound (2008), Fairline Boats, Internal restructuring in United Kingdom, factsheet number 67691, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67691.