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Major UK firm to slash 'thousands of jobs' in Brexit move overseas
A major UK manufacturing firm is expected to announce thousands of job losses as it moves jobs abroad because of Brexit.
A representative of Britain’s manufacturing trade body Make UK said one large firm would soon confirm a huge wave of redundancies.
Seamus Nevin, chief economist at Make UK, said it would spark “several thousand job losses,” but said a non-disclosure agreement prevented him revealing the name of the company or further details on its plans.
He made the claim as part of stark message to MPs on parliament’s Brexit committee, where he was giving evidence on the impact of a no-deal Brexit on Wednesday morning.
He warned many major firms no longer regarded the UK as a stable place to operate, and were increasingly tempted to move jobs elsewhere.
https://uk.yahoo.com/finance/news/major-uk-firm-to-slash-thousands-of-jobs-in-brexit-move-overseas-102949823.html
A major UK manufacturing firm is expected to announce thousands of job losses as it moves jobs abroad because of Brexit.
A representative of Britain’s manufacturing trade body Make UK said one large firm would soon confirm a huge wave of redundancies.
Seamus Nevin, chief economist at Make UK, said it would spark “several thousand job losses,” but said a non-disclosure agreement prevented him revealing the name of the company or further details on its plans.
He made the claim as part of stark message to MPs on parliament’s Brexit committee, where he was giving evidence on the impact of a no-deal Brexit on Wednesday morning.
He warned many major firms no longer regarded the UK as a stable place to operate, and were increasingly tempted to move jobs elsewhere.
https://uk.yahoo.com/finance/news/major-uk-firm-to-slash-thousands-of-jobs-in-brexit-move-overseas-102949823.html