EMCC European Monitoring Centre on Change

De La Rue

Company/Organisation:
De La Rue

Geographic Location

Country: United Kingdom
Region: Tyneside; Northumberland and Tyne and Wear; North East
Location of affected unit(s): Gateshead

Company

Sector: Manufacturing
Manufacture of wood and paper products, and printing
18.12 - Other printing
Number Employed: 600

Employment Effects

Announcement Date: 25-06-2019
Planned Job Reductions min: 170
Planned Job Reductions max: 170
Type of Restructuring: Internal restructuring

Additional Information

Printers De La Rue has announced plans to cut 170 jobs from its site in Gateshead. The firm which prints bank notes had previously also held the contract to manufacture British passports, though in 2018 this contract was awarded to a competitor. Despite this, the company did not mention the loss of the passport contract when it announced the plans to cut jobs, instead referencing the need to remain globally competitive. The Unite union commented that the loss of the passport contract raised serious concerns about the long-term future of the site in the North East. The time frame for the restructure has not yet been reported.

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