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 Computer, Electrical Electronic And Optical Products Manufacture Of Computer, Electronic And Optical Products 26.20 - Manufacture of computers and peripheral equipment
310 jobs Number of planned job losses
Announcement Date
24 December 2018
Employment effect (start)
24 December 2018
Foreseen end date
Description
Computer manufacturer Kaiam has announced that it is to close with the immediate loss of 310 jobs. The factory in Livingston employed 338 staff and had received a Scottish Government grant in 2014 to help relocate production from China to the UK. The administrators have retained 28 staff to explore the possible sale of the business. Those made redundant have been advised by administrators that they will not receive their pay due in December and will have to apply to the Insolvency Service for this money.
Sources
Citation
Eurofound (2018), Kaiam, Bankruptcy in United Kingdom, factsheet number 96296, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/96296.
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