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 Food And Beverage Manufacture Of Food Products 10.1 - Processing and preserving of meat and production of meat products
430 jobs Number of planned job losses
Announcement Date
6 January 2016
Employment effect (start)
Foreseen end date
Description
Meat processing company Tulip has announced plans to cut 430 jobs from its site at Bodmin, Cornwall. The company which is part of the Danish Crown Group, the largest pork producer in Europe, announced that it has entered into the collective consultation process, which is mandated by UK employment law. The proposals include moving bacon production to the Bodmin site and cooked meats to other (non-specified) sites in the UK. Even accounting for bacon production the proposals are for a reduction of 430 staff. The loss of the jobs will hit the local area hard as the factory is the town's largest single employer, accounting for over 800 jobs. The anticipated time-scale for the job losses has not been reported.
Sources
6 January 2016: Cornish Guardian
Citation
Eurofound (2016), Tulip, Internal restructuring in United Kingdom, factsheet number 86200, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/86200.
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