News

Tumbling dollar leads to job cuts

27/11/2007

Despite being “fairly busy”, UK leather producer Pittards Plc has announced that it is to cut up to 50 jobs at its Yeovil site as a direct result of the continued downward trend in the dollar exchange rate over the past year. The company has entered in to a redundancy consultation period with its workforce and is seeking volunteers in the first instance before making any compulsory redundancies.

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