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 Manufacturing Of Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28 - Manufacture of machinery and equipment n.e.c.
760 jobs Number of planned job losses
Announcement Date
13 September 2012
Employment effect (start)
Foreseen end date
Description
Engineering firm FG Wilson has announced that it is to cut 760 jobs in Northern Ireland. Parent company Caterpillar said the job losses would be across all four of the company's Northern Ireland sites. A combination of permanent and agency workers are expected to lose their jobs with a voluntary redundancy programme planned this year.
It is also reported that FG Wilson - Caterpillar is moving 70% of the production of small generator sets to China by 2014.
Trade Union Unite has criticized the way in which the company failed to enter negotiations with workers or their representatives.
Sources
13 September 2012: BBC Website
Citation
Eurofound (2012), FG Wilson, Internal restructuring in United Kingdom, factsheet number 74231, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74231.
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