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
900 jobs Number of planned job losses
Announcement Date
4 October 2010
Employment effect (start)
Foreseen end date
Description
The chemist and health & beauty company Boots is to cut 900 jobs across the UK in a bid to save £56m over the next three years. Most of the job cuts will affect staff working in Nottingham, where Boots has its main UK base. They will take place in the firm's health and beauty business, and related contract manufacturing activities. The company said it hoped to achieve the cuts "where possible" through staff turnover and redeployment.
Sources
4 October 2010: BBC News
Citation
Eurofound (2010), Boots, Internal restructuring in United Kingdom, factsheet number 71024, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71024.
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