Worcester collapse costs 40 jobs
PwC has retrenched 40 staff at collapsed historic Worcester china and porcelain company
PricewaterhouseCoopers (PwC) has
retrenched 40 employees at historic Royal Worcester & Spode after the
company went into administration – 22 immediate redundancies at the Worcester
factory, 15 at the company’s Stoke-on-Trent base and three at its
Newcastle-under-Lyme site.
The company, which employed 388 people in the UK at sites in the Midlands,
blamed the collapse on a failure to sell its site in Stoke-on-Trent coupled with
the current economic downturn,
The
Press Association reports.
‘The administrators are working closely with all employees affected by this
decision to ensure they receive the support they need during this difficult time
to assist with their claims for redundancy and other compensatory payments,’ PwC
said.
‘The administrators have also briefed all other staff at Royal Worcester
& Spode and will work closely with them over the coming weeks as the
business continues to trade normally.’
Further reading:
Royal Worcester under PwC administration
Royal Worcester denies seeking rescue buyer