JM cutbacks may see 100 jobs lost
PUBLISHED: 10:14 22 January 2009 | UPDATED: 15:58 11 May 2010
UP TO 100 workers at a Royston factory may lose their jobs. Johnson Matthey has announced that it will be consulting with staff about cutbacks at its plant at Orchard Road. These are likely to include about 100 redundancies, and changes to shift patterns
UP TO 100 workers at a Royston factory may lose their jobs.
Johnson Matthey has announced that it will be consulting with staff about cutbacks at its plant at Orchard Road.
These are likely to include about 100 redundancies, and changes to shift patterns of remaining workers.
John Gourd, Johnson Matthey's site planning and service director, said: "Due to the impact of the global economic crisis, and the effect that the resulting decline on car sales has had on the business, Johnson Matthey is seeking formal consultation on a number of possible measures affecting the Royston factory."
The company, which manufactures parts for catalytic converters at its Royston plant, is the largest employer in the town.
News of possible redundancies comes seven months after the firm announced record profits of £265.4 million, a rise of 16 per cent on the previous year.
Mr Gourd added: "The company will be working closely with its employees, elected representatives, and recognised trade union Community, to look at the various options which are available, and to help safeguard as many jobs as possible."
A spokesman for Community confirmed that it had opened discussions with Johnson Matthey about redundancies at both Royston and another of the company's sites, in Brimsdown.
Community's regional director Christine Hardacre, said: "Community Union has met members to discuss the current situation at Johnson Matthey.
"Community will do everything in its power through negotiation to work with the company to save jobs where they can be saved, and to help those affected through this difficult time.