Type
Internal restructuring
Country
United Kingdom
Region
Location of affected unit(s)
Sector
Manufacturing
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Fabricated Metal Products, Except Machinery And Equipment
25.4 - Manufacture of weapons and ammunition

185 jobs
Number of planned job losses
Job loss
Announcement Date
14 April 2013
Employment effect (start)
15 April 2013
Foreseen end date

Description

Defense contractor General Dynamics UK has announced that it is to make 185 redundancies. The firm has said that it hopes to make the redundancies by voluntary means, but will make compulsory redundancies if it is not able to reach the target through voluntary redundancies. The timeline for the restructuring is not yet available.


Sources

  • 14 April 2013: The Financial Times

Citation

Eurofound (2013), General Dynamics UK, Internal restructuring in United Kingdom, factsheet number 75261, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75261.