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.
West Midlands; Shropshire and Staffordshire; Telford and Wrekin
Location of affected unit(s)
Telford
Sector
Manufacturing Manufacture For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.3 - Manufacture of parts and accessories for motor vehicles
251 jobs Number of planned job losses
Announcement Date
19 July 2016
Employment effect (start)
Foreseen end date
18 August 2016
Description
Car parts manufacturer GKN has announced that it is to cut 251 jobs from its workforce in Telford, Shropshire. Employment will be terminated on 18 August 2016. The decision has been taken largely because of the end of a contract for Jaguar Land Rover (JLR). The contract, which was for manufacture of Land Rover chassis platforms, accounts for 230 of the jobs lost, with the work of a further 21 positions on a hybrid bus project being taken on by the company's Birmingham site.
Sources
19 July 2016: BBC Website
Citation
Eurofound (2016), GKN, Internal restructuring in United Kingdom, factsheet number 88268, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/88268.
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