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.
Tata Group owned chemicals company Tata Chemicals Europe is to cut 220 jobs at its sites in Winnington and Lostock, Cheshire.
The job reduction measure envisages the closure of the soda ash and calcium chloride production factory in Winnington and job cuts at its Lostock site.
The company said that the restructuring is in a bid to reduce energy costs.
As announced a redundancy consultation period with unions and staff has been launched.
The timeline for the restructuring is not yet available.
Eurofound (2013), Tata Chemicals Europe, Internal restructuring in United Kingdom, factsheet number 75972, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/75972.
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