EMCC European Monitoring Centre on Change

Xaar

Company/Organisation:
Xaar

Geographic Location

Country: United Kingdom

Company

Sector: Manufacturing
Manufacture of chemicals and chemical products
20.3 - Manufacture of paints, varnishes and similar coatings, printing ink and mastics
Number Employed: 800

Employment Effects

Announcement Date: 02-10-2014
Planned Job Reductions min: 160
Planned Job Reductions max: 160
Type of Restructuring: Internal restructuring

Additional Information

Cambridgeshire based manufacturer Xaar has announced that it is to reduce its workforce by up to 160.  The company manufactures digital inkjet printheads; one of their main applications is in the ceramics industry. The announced job losses comes after a fall in demand for its products, particularly in China, and follows profit warnings issued earlier in 2014.

The company has a UK workforce of 800, 700 of whom are based in the factory in Huntingdon. 120 jobs are expected to be lost from the Huntingdon site. The timeframe for the job losses is not yet known.