Parker Knoll was taken over in October 2000
|
The furniture maker Parker Knoll is cutting up to 200 jobs at its site in Chipping Norton, Oxfordshire.
The company employs more than 400 people in the town.
The move comes in the wake of a takeover in October 2000 by Lancashire-based company Silentnight, who bought the firm for a reported £23m.
Silentnight's Managing Director, Vincent Cruise, has said the move is regrettable but unavoidable.
"We're now about to enter into a period of consultation with the employees and their representatives about how to mitigate those redundancies and how to implement them.
"We are not likely to be implementing any compulsory redundancies before the 7 June this year."
Home
~RS~q~RS~~RS~z~RS~56~RS~)
BBC NEWS CHANNEL
News services
Email this to a friend
Printable version
