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.
East (England); Bedfordshire and Hertfordshire; Luton
Location of affected unit(s)
Sector
(10 - 33) Manufacturing (29 - 30) Manufacture for transport equipment 29.1 - Manufacture of motor vehicles 29.10 - Manufacture of motor vehicles
117 jobs Number of planned job losses
Announcement Date
7 December 2012
Employment effect (start)
1 January 2013
Foreseen end date
Description
Car manufacturer Vauxhall has announced plans to cut 117 jobs at its Luton van plant, starting from January 2013. The company will implement a single shift design, but will keep production at Luton as markets in mainland Europe decline. The affected staff will be offered severance pay, including early retirement.
Sources
7 December 2012: BBC News
Citation
Eurofound (2012), Vauxhall, Internal restructuring in United Kingdom, factsheet number 74656, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/74656.
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