Kaiam

Type
Bankruptcy
Country
United Kingdom
Region
Scotland; Eastern Scotland; West Lothian
Location of affected unit(s)
Livingston
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
26 - Manufacture of computer, electronic and optical products
26 - Manufacture of computer, electronic and optical products
310 jobs
Number of planned job losses
Job loss
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. 

Citation

Eurofound (2018), Kaiam, Bankruptcy in United Kingdom, factsheet number 96296, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/96296.