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.
Agriculture Agriculture, Forestry And Fishing Crop And Animal Production, Hunting And Related Service Activities 01.13 - Growing of vegetables and melons, roots and tubers
340 jobs Number of planned job losses
60 jobs Number of planned job creations
Announcement Date
23 February 2015
Employment effect (start)
Foreseen end date
Description
Lincolnshire-based vegatable grower, Produce World, has annouced plans to cut 340 jobs at two of its sites. The Butterwick site near Boston and the Swinderby site are due to close; the sites employ 250 and 90 people respectively. The company has begun the process of statutory consultation and the jobs will not be ended until that consultation has concluded. The company has decided to make the changes in response to increased competition and changing shopping habits. In addition to the job cuts a further 60 jobs will be created in Wykeham in a collaboration with Lincolshire Field Products. Further jobs are expected at another joint venture site in Isleham, Cambridgeshire.
Sources
23 February 2015: BBC Website
Citation
Eurofound (2015), Produce World, Closure in United Kingdom, factsheet number 78651, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/78651.
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