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.
Transportation / Storage Warehousing And Support Activities For Transportation, Postal And Courier Activities Warehousing And Support Activities For Transportation 52.1 - Warehousing and storage
111 jobs Number of planned job losses
Announcement Date
10 July 2017
Employment effect (start)
Foreseen end date
Description
Lincolnshire Co-op has announced plans to close two of its Lincoln distribution centres. The decision means that 111 jobs will be lost from warehousing and office staff. The outcome has been reached as part of a GBP 1 million (€1.1 million) cost cutting measure designed to keep prices competitive. The co-op has said that it hopes it will be able to redeploy some of the staff affected by the restructure. It is being reported that the statutory consultation period is already underway. This will determine whether any redeployment will occur and the timeframe for the closure.
Sources
10 July 2017: Lincolnshire Live
Citation
Eurofound (2017), Lincolnshire Co-op, Closure in United Kingdom, factsheet number 91685, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/91685.
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