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 Manufacture Of Basic Metal And Fabricated Metal Products Manufacture Of Fabricated Metal Products, Except Machinery And Equipment 25.21 - Manufacture of central heating radiators and boilers
128 jobs Number of planned job losses
Announcement Date
18 December 2015
Employment effect (start)
5 February 2016
Foreseen end date
Description
Following a strategic review, Aga Rangemaster has announced plans to cut a total of 128 jobs from its headquarters in Leamington Spa and its manufacturing sites in Telford and Coalbrooke. The company had recently been taken over by the US-based Middleby Corporation who then initiated the review. The Leamington site will lose 33 of its 394 shop floor roles and 27 out of 174 staff roles. The GMB union is being consulted over the job losses though it is being reported that the first redundancies will take effect on 5 February.
Sources
18 December 2015: The business desk
Citation
Eurofound (2015), Aga Rangemaster, Internal restructuring in United Kingdom, factsheet number 86182, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/86182.
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