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 Food And Beverage Manufacture Of Food Products 10.11 - Processing and preserving of meat
464 jobs Number of planned job losses
Announcement Date
25 February 2019
Employment effect (start)
Foreseen end date
31 August 2019
Description
Tulip, one of the UK's largest meat producers, has announced plans to close its site in Boston, Lincolnshire. This will result in the loss of 464 jobs. The decision follows the end of a contract with high street store Marks and Spencer and Tulip have not been successful in securing a new deal. A consultation process is due to start, though it has been reported that unless new contracts can be signed then the factory is set to close in August 2019.
Previous restructurings took place in 2018 (150 jobs lost), 2017 (118 jobs lost) and 2016 (430 jobs lost).
Eurofound (2019), Tulip, Closure in United Kingdom, factsheet number 97398, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/97398.
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