The cuts come as work runs out at the shipbuilder’s Birkenhead Yard and the receivers, who were called into the company in April, continue their search for potential buyers.
A statement from PricewaterhouseCoopers said: ‘Discussions are ongoing with interested parties but the receivers have no further announcement to make in this respect at present.’
Industry insiders have indicated that potential bidders could be waiting for the receivers to give notice to all the group’s staff and close down the yards before they make knock-down offers without any redundancy liabilities.
Of the workforce, which once numbered over 2,000, 80 staff remain at the Birkenhead Yard and 200 in technical services in Merseyside. Two hundred staff remain at Tyneside and 50 at DG Electrical, with 12 at Teeside.Almost 300 workers remained at Birkenhead, but the receivers are reviewing labour requirements at the yard, and at Cammell’s other locations, on a daily basis.
Andrew Tyrie airs views on the Finance Bill, 'Making Tax Policy Better' report, and Brexit
In our latest managing partner Q&A looking towards 2017, CVR Global's Richard Toone talks about recruitment, and the potential threat of competition from the legal sector, as key issues for the firm in the coming year
Deloitte to avoid tendering for government contracts over the next six months, to appease Theresa May following consultant's report that painted a less-than-flattering picture of Brexit plans
In our first Q&A looking towards 2017, Menzies senior partner Julie Adams flags up increasing digitisation, aligned with more hands-on consultative services, as the key mix for her practice