Type
Bankruptcy
Country
United Kingdom
Region
Scotland; Eastern Scotland; Clackmannanshire and Fife
Location of affected unit(s)
Kirkcaldy
Sector
Manufacturing
Manufacturing Of Furniture And Other Manufacturing
Manufacture Of Furniture
31.01 - Manufacture of office and shop furniture

247 jobs
Number of planned job losses
Job loss
Announcement Date
2 August 2019
Employment effect (start)
Foreseen end date

Description

Furniture manufacturing company Havelock International, based in Kirkcaldy, has entered administration and issued redundancy notices to 247 employees out of around 300. According to reports, a small number of employees will be retained while the company winds down operations, even though their future remains unclear. It is unclear whether the redundancies have taken place with immediate effect. In any case, the administrators have confirmed that it is their priority to ensure that redundancy claims are properly processed.

Union GMB Scotland has questioned how the company could get into this position without warnings to or consultations with the workforce. The union has as well argued that there are the conditions to avoid these redundancies by selling the company to willing buyers.


Sources

Citation

Eurofound (2019), Havelock International, Bankruptcy in United Kingdom, factsheet number 98248, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/98248.