AstraZeneca

Type
Closure
Country
United Kingdom
Region
East Midlands (England); Leicestershire, Rutland and Northamptonshire; Leicestershire CC and Rutland
Location of affected unit(s)
Loughborough
Sector
Manufacturing
(20 - 21) Manufacture of chemicals and pharmaceuticals
21 - Manufacture of basic pharmaceutical products and pharmaceutical preparations
21 - Manufacture of basic pharmaceutical products and pharmaceutical preparations
1,200 jobs
Number of planned job losses
Job loss
Announcement Date
2 March 2010
Employment effect (start)
Foreseen end date
31 December 2011

Description

Pharmaceuticals company AstraZeneca announced plans to close its Loughborough site with the loss of 1,200 jobs. The site is expected to close by the end of 2011. The cuts are part of 8,000 worldwide redundancies announced by the company in January 2010. Unite union said "unions will be in formal discussions with the company and will do everything possible to minimise the impact of this announcement."

Sources

  • 2 March 2010: BBC News ()

Citation

Eurofound (2010), AstraZeneca, Closure in United Kingdom, factsheet number 70272, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70272.