Safestyle, a door and window maker, has made around 680 workers redundant after failing to find a buyer and falling into administration. The company will keep around 70 employees in the short term to help wind down the business. The decision was made due to pressures such as inflation, poor consumer confidence, and reduced demand for products.
Administrators for Safestyle have said the business has made around 680 of its workers redundant after it fell into administration. Interpath Advisory said around 70 of the door and window maker ’s 750 employees would be kept on in the short term to help wind down the business. It comes after Safestyle said on Friday it intended to appoint administrators after failing to find a buyer.
Rick Harrison, managing director at Interpath Advisory, said: “These are really challenging times for companies across the home improvement market. After seeing strong sales during the Covid lockdown periods, many companies are seeing trading being impacted by the cost-of-living crisis and soaring costs.” GMB, a union that represents the workers, said 600 staff members were marched off site at Safestyle UK's factory in Barnsley.
Safestyle Redundancies Administration Door And Window Maker Inflation Consumer Confidence Demand Protest
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Safestyle Announces Redundancies and Factory ClosureSafestyle, a door and window maker, has made around 680 workers redundant and announced the closure of its factory in Barnsley. The company has fallen into administration and failed to find a buyer.
続きを読む »
Around 680 Safestyle workers lose jobs after window firm enters administrationAround 70 of the company’s 750 staff will be retained for now.
続きを読む »
Safestyle UK: Nearly 700 jobs lost as firm enters administrationAdministrators say September's warm weather was among the factors behind Safestyle UK's demise.
続きを読む »
Collapse of Safestyle UK Leaves Nearly 700 Workers JoblessNearly 700 workers have lost their jobs after the collapse of windows and doors company Safestyle UK. Customers have been informed that their orders will not be fulfilled. Administrators have been unsuccessful in their attempts to keep the company solvent.
続きを読む »
Safestyle UK collapse: Union blames 'mismanagement' while administrators cite 'unseasonally warm September'Union officials have blamed “mismanagement” for the collapse of Yorkshire firm Safestyle as it was announced hundreds of workers have lost their jobs.
続きを読む »
Safestyle UK to Close Down, Leaving Hundreds of Workers JoblessSafestyle UK, a company headquartered in Bradford, is set to be wound down, resulting in immediate redundancy for 680 staff and an additional 70 job losses. The company entered administration after prospective buyers withdrew their interest, following a reported loss of £6m before taxation. CEO Rob Neale had previously expressed confidence in the business's recovery potential. The closure has left workers devastated, with uncertainty surrounding their paychecks and the impact on the Barnsley community.
続きを読む »