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.
West Midlands (England); West Midlands; Birmingham
Location of affected unit(s)
Barrow-in-Furness
Sector
(10 - 33) Manufacturing (24 - 25) Manufacture of metals 25.3 - Manufacture of weapons and ammunition 25.30 - Manufacture of weapons and ammunition
130 jobs Number of planned job creations
Announcement Date
14 January 2017
Employment effect (start)
Foreseen end date
Description
BAE Systems has been awarded a contract to supply the Indian army with field guns which will result in the creation of 130 jobs at its site in Barrow, Cumbria. Further jobs are expected to be created in the supply chain across the UK. The GBP 445 million (€524 million) contract is being let by the U.S. Government as part of its commitment to invest in other countries defence programmes. Work on the new contract will begin immediately, with first deliveries of the weapons scheduled for June 2017.
Sources
14 January 2017: North West Evening Mail
14 January 2017: BBC Website
Citation
Eurofound (2017), BAE Systems, Business expansion in United Kingdom, factsheet number 89815, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/89815.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...
The more employee monitoring resembles surveillance – with its systematic, continuous and detailed tracking of employees' activities, behaviours or communications – the greater the potential for infringement of both privacy and data protection rights. Although the EU General Data Protection...
Since 2013, Eurofound's ERM database on restructuring-related legislation has been documenting regulatory developments in the Member States of the European Union and Norway which are explicitly or implicitly linked to anticipating and managing change. The most recent update to the...