UK: ANTICIPATED JOB LOSSES IN TEXTILE INDUSTRY

Article Abstract:

It is estimated that the UK textile industry will see job losses of around 25,000 during 2000, in addition to over 40,000 during 1999. The GMB union has lobbied the government over the threatened loss of 6,000 jobs as a result of supplier changes by Marks & Spencer, which has rejected a GB[pound] 35mn compensation package for UK suppliers including Coats Viyella and William Baird. The GMB union claims that the UK's garment making industries have been neglected because around 75-90% of workers are women. It contrasts the treatment of the industry with that of car workers, who are being offered multi-million pound aid packages.

General, Municipal, Boilermakers and Allied Trades Union

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UK: PANASONIC ANNOUNCES 1,300 JOB CUTS

Article Abstract:

Panasonic, the Japanese electronics company, is cutting 1,300 of the 2,400 jobs at its plant in Cardiff, Wales. The cutbacks were blamed on Britain's failure to join the European single currency and falling prices for electrical goods. The factory will continue to make televisions, microwave ovens and laptop computers.

Electronic computers, Household audio and video equipment, Audio and Video Equipment Manufacturing, Other Electrical Equipment and Component Manufacturing, Electronic Components and Accessories, Consumer Video Equipment, Household cooking equipment, Household Cooking Appliance Manufacturing, Wales, Electronic Components, Microwave Countertop Ovens, Computer industry, Microwave ovens, Brief Article, Consumer electronics, Video equipment industry, Electronic components industry, Home appliances industry, Appliance industry, Video equipment, Matsushita Electric Corporation of America, Countertop ovens

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UK: ROSEBYS EXAMINING HARVEYS OFFER

Article Abstract:

Rosebys revealed on 12 June 2000 that it was in discussions with UK-based textiles and furniture company, Harveys Furnishings, and may submit an agreed cash and shares offer. Rosebys, the UK-based beds and furnishings business, will also alter its name later in June 2000 to Homestyle.

Asset sales & divestitures, Furniture & Fixtures, Furniture and Related Product Manufacturing, Furniture, Mergers, acquisitions and divestments, Furniture industry, Home furnishings industry, Rosebys PLC

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