Nearly 700 more job losses at JCB

Nearly 700 more job losses at JCB

news.bbc.co.uk

The job losses at the Staffordshire-based firm come in addition to 1,000 jobs cuts made last year.
Company officials said that a lack of available credit from banks meant its customers had been unable to afford new diggers and other equipment.
The company said its total business was down 75% on the same period last year. In October staff voted for a shorter 34-hour week to protect jobs.

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[edit on 12/1/2009 by Mirthful Me]

UK economy is going to hell in a handbasket, if this is what
Gordon Brown means by recovery, were all finished, companys, like JCB were once the very backbone of british
manufacturing, when they get into trouble is time to worry,
people shuld remember what Brown & co have done at the
next election


news.bbc.co.uk
(visit the link for the full news article)

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[edit on 12/1/2009 by Mirthful Me]