Renishaw Cutting 500 Jobs After Slowdown ; Manufacturing in Association with Lloydstsb.Com/Corporatemarkets
Birmingham Post › March 12, 2009
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Summary
Equipment firm Renishaw has said it would be cutting 500 jobs, largely in its UK plants in Gloucestershire.
The group, which makes precision measuring equipment for the healthcare and engineering sectors, said there had been an "unprecedented" slowdown in demand in recent months, forcing it to take drastic cost-cutting action.See the full content of this document
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Renishaw Cutting 500 Jobs After Slowdown ; Manufacturing in Association with Lloydstsb.Com/Corporatemarkets
The company employs 2,240 people around the world, but more than 1,500 are based in the UK, mostly at four sites in Gloucestershire.
Staff at the ...See the full content of this document
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