Raleigh announces job cuts and restructuring
The bike manufacturer is also shutting its Parts and Accessories division and will be outsourcing warehousing and logistics to third-party contractorsBritish bicycle manufacturer Raleigh Bikes has announced a series of job cuts and major restructuring plans, which include completely shutting down its Parts and Accessories department and contracting out its warehousing and logistics to third-party, with the company saying that the move is reflecting a"challenging market".
"Following the outcome of this review, we have developed a proposal to better integrate Accell UK into the wider Accell Group business so it can benefit from existing resources, functions and expertise, while retaining the Accell UK HQ in the Nottingham area. has reasserted the brand would still be based in Nottinghamshire, where it has been based ever since the Frenchman Paul Eugene Louis Angois set up a small bicycle workshop in Raleigh Street, Nottingham in 1885.
The business had moved to Eastwood from its Triumph Road factory in Lenton, which later became the University of Nottingham's Jubilee Campus. In the 1970s, Raleigh employed 13,000-plus people nationwide, including about 8,000 staff based on numerous sites on Triumph Road.became the 400,000th site to be entered, based on the Mk2 Chopper launched in 1972, and now arguably one of the most famous British bicycles of all time.
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