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.
Wales; West Wales and The Valleys; Isle of Anglesey
Location of affected unit(s)
Anglesey
Sector
Utilities Electricity, Gas, Steam And Air Conditioning Supply Electricity, Gas, Steam And Air Conditioning Supply 35.11 - Production of electricity
165 jobs Number of planned job losses
Announcement Date
23 October 2015
Employment effect (start)
31 December 2015
Foreseen end date
31 May 2016
Description
165 jobs are to be lost at the Wylfa nuclear power station on Anglesey in North Wales. The plant will no longer be involved in the production of energy and will switch to defueling. Magnox, the owners of the plant, have confirmed that fewer staff will be required for the new tasks which will be carried out on the site. The job losses mean that the workforce will reduce from 522 to 357 by May 2016. Magnox has confirmed that it will seek to make voluntary redundancies wherever possible.
Sources
23 October 2015: BBC Website
Citation
Eurofound (2015), Magnox, Internal restructuring in United Kingdom, factsheet number 86057, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/86057.
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