- 4 updates
Workers at the Imperial Tobacco factory in Nottingham have accepted a 'substantial' redundancy package.
The company announced the closure of the factory in April, saying it is to move production of cigarettes to eastern Europe. The Nottingham site is due to close in May 2016, making 540 people redundant.
Unite union regional officer, Luke Primarolo, said:
The closure of the Imperial Tobacco factory is a bitter blow for the workforce and very serious for the local Nottinghamshire economy. It ends a link with the city that goes back to the first half of the 19th century.
Unite and the GMB union have negotiated what we feel is a substantial redundancy package for our members, but this should not distract from the fact the staff will have to find new jobs.
Imperial Tobacco today said closing its factories in Nottingham and Naples would help save £300 million a year.
Up to 900 workers - including 540 in Nottingham - face the axe as part of the plans.
The firm said the savings - which would come into effect from September 2018 - were "necessary" for the future of the company.
Chief executive Alison Cooper said:
These projects are an essential part of securing the sustainable future of the business.
The prospect of job losses is always regrettable and we will be doing all we can to support employees and ensure that they are treated in a fair and responsible manner.
Hundreds of jobs are facing the axe at the Imperial Tobacco cigarette factory in Nottingham, it was announced today.
Around 540 jobs are on the line at the Nottingham site as the firm announces it plans to shut the factory down.
The plans are part of a Europe-wide restructure which would see 900 jobs cut between Nottingham and its site in Naples, France.