EMCC European Monitoring Centre on Change

Iceland Frozen Foods

Company/Organisation:
Iceland Frozen Foods

Geographic Location

Country: United Kingdom
Region: Flintshire and Wrexham; East Wales; Wales
Location of affected unit(s): Deeside

Company

Sector: Retail
Wholesale and retail trade; repair of motor vehicles and motorcycles
47.2 - Retail sale of food, beverages and tobacco in specialised stores
Number Employed: 20000

Employment Effects

Announcement Date: 14-03-2005
Planned Job Reductions min: 400
Planned Job Reductions max: 400
Type of Restructuring: Internal restructuring
Foreseen End Date: 14-06-2005

Additional Information

Supermarket chain Iceland Frozen Foods is cutting a third of its workforce at its headquarters in Deeside, Flintshire. The firm wants to cut 400 of the 1,200 jobs by the middle of June. It comes a month after the company was taken over by a consortium led by the Icelandic group Baugur. Chief executive Malcolm Walker said Iceland faced ‘immense challenges’ and that ‘painful changes’ were needed. The company, which employs 20,000 people across the UK, has begun consultations with staff.