Type
Internal restructuring
Country
United Kingdom
Region
South East; Berkshire; Buckinghamshire and Oxfordshire
Location of affected unit(s)
Banbury
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29.3 - Manufacture of parts and accessories for motor vehicles

184 jobs
Number of planned job losses
Job loss
Announcement Date
12 January 2009
Employment effect (start)
12 January 2009
Foreseen end date
12 April 2009

Description

Prodrive, a motorsport firm, have announced that it is to cut 184 jobs and has entered into a 90-day consultation with its staff. The firm, based at Banbury in Oxfordshire, runs the Subaru World Rally Team, but Subaru has decided to withdraw from the championship. It is not known how many workers Prodrive will retain.


Sources

  • 12 January 2009: BBC News

Citation

Eurofound (2009), Prodrive, Internal restructuring in United Kingdom, factsheet number 67832, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67832.