140 jobs at risk as Bosch announces proposed Stowmarket site restructure
Bosch Power Tools has announced a proposal to restructure its Stowmarket plant which could see 140 manufacturing staff lose their jobs.
Blaming cost pressures for creating a 'difficult business situation', Bosch is considering relocating the manufacture of garden tools to Hungary.
The news has been described as a 'blow' by Unite.
Unite regional officer Neal Evans said: “The announcement of job losses at Bosch is another body blow for the region.
“Unite will be doing everything possible to either reverse the decision to transfer these skilled jobs to Hungary or to minimise redundancies.
“East Anglia is crying out for an active government manufacturing strategy to ensure that vital skilled jobs do not continue to be lost in the region.”
The Stowmarket site employs 250 people in the manufacture and development of garden tools. The proposed restructure could affect up to 140 jobs in manufacturing from the end of the year.
The company says manufacturing in Stowmarket has faced difficult business conditions for many years due to economic pressures from increased market competition, but cost reduction and efficiency measures have not been sufficient.
Staff have been told and consultation meetings will take place in the coming days. In addition to consultation on the proposal the meetings will review the support available, including enhanced severance packages, job seeking and training.
A statement issued by Bosch says: "The decision is not based on Brexit, but linked to the strategic business development of Bosch Power Tool’s home and garden segment."
Bosch UK employs around 5,100 staff at around 40 locations.