EMCC European Monitoring Centre on Change

AstraZeneca

Company/Organisation:
AstraZeneca

Geographic Location

Country: United Kingdom
Region: Leicestershire CC and Rutland; Leicestershire, Rutland and Northamptonshire; East Midlands
Location of affected unit(s): Loughborough

Company

Sector: Manufacturing
Manufacture of pharmaceuticals, medicinal chemical and botanical products
21 - Manufacture of basic pharmaceutical products and pharmaceutical preparations
Number Employed: 1200

Employment Effects

Announcement Date: 02-03-2010
Planned Job Reductions min: 1200
Planned Job Reductions max: 1200
Type of Restructuring: Closure
Foreseen End Date: 31-12-2011

Additional Information

Pharmaceuticals company AstraZeneca announced plans to close its Loughborough site with the loss of 1,200 jobs. The site is expected to close by the end of 2011. The cuts are part of 8,000 worldwide redundancies announced by the company in January 2010. Unite union said "unions will be in formal discussions with the company and will do everything possible to minimise the impact of this announcement."