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.
East Midlands; Derbyshire and Nottinghamshire; Nottingham
Location of affected unit(s)
Nottingham
Sector
Manufacturing Manufacture Of Chemicals And Pharamceuticals Manufacture Of Chemicals And Chemical Products 20.4 - Manufacture of soap and detergents, cleaning and polishing preparations, perfumes and toilet preparations
400 jobs Number of planned job losses
Announcement Date
21 March 2018
Employment effect (start)
1 September 2018
Foreseen end date
31 March 2020
Description
It has been announced that 400 jobs are to be cut at the BCM factory in Nottingham. The site, which was formerly owned by Boots Chemists, manufactures beauty products for the chain. The company, which had been part of Boots since 1883 was sold in November 2017 to French company Fareva. The site currently employs 1,000 people and the job cuts are part of a two year plan to return the company back to profitability. It is understood that the statutory consultation process will begin in May 2018, with the first 78 jobs to be cut within six months of the original announcement.
Sources
21 March 2018: BBC Website
21 March 2018: ITV News
Citation
Eurofound (2018), BCM, Internal restructuring in United Kingdom, factsheet number 93900, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/93900.
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