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 (24 - 25) Manufacture of metals 25.3 - Manufacture of weapons and ammunition 25.3 - Manufacture of weapons and ammunition
185 jobs Number of planned job losses
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://apps.eurofound.europa.eu/restructuring-events/detail/75261.