Restructuring events
European Restructuring Monitor (ERM)
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.
A printing firm has announced it is making more than half its workforce in Preston redundant. Goss International, based in Preston, is shedding 179 staff out of a workforce of 346. The Amicus union says the majority of the job losses are in the manufacturing sector and has pledged to save as many posts as possible. Goss says that the site, at Greenbank Street, will focus on research and development and project management. Manufacturing will switch to mainland Europe or America. A spokesman for Goss International said the jobs losses were 'significantly less than originally discussed'. The balance between compulsory and voluntary redundancies will be finalised over the months of june and july as a number of new positions have been created as part of the new business structure, and employees will have the opportunity to apply for these new roles.
Eurofound (2006), Goss International, Offshoring/Delocalisation in United Kingdom, factsheet number 63543, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/63543.