The company behind the belling plate shedding almost a third of its workforce, making home appliances, as it is subjected to excessive load on changing consumer tastes and tough trading conditions.
Merseyside-based Glen Dimplex user manual home appliances (GDHA) has announced the optimization of its activities, resulting in up to 300 of the 1,000 permanent staff being made redundant.
Private GDHA – making stoves and refrigerators, under stoves, New World, LEC and Britain brands also cease to work in certain segments of the market and outsourcing parts of the production process.
GDHA, which also has a distribution base in the UK in Stoke-on-Trent, said the cuts were “necessary to ensure a viable GDHA business in the future.”
Andy Griffiths, chief Executive officer, added: “it is with a heavy heart that today we announce a significant change in our business. We are incredibly proud of our people and our long history of production in this area, and we know how hard this news will be on our colleagues. Unfortunately, these proposals have to.”
Said GDHA, that its financial performance was affected by the consolidation among major retailers in the UK, as well as other manufacturers. It made it hard for him to compete on price, because it is to large enterprises benefit from economies of scale.
Redundancies are subject to consultation with employees and trade unions and, most likely, will begin in August.
Best modern cooks range
GDHA home equipment business makes plates under a new global brand from the end of 1800-ies, belling since 1912 and furnaces in 1920.
It is part of the much larger Glen Dimplex user manual the international group, the world’s largest manufacturer of electric heating devices, but which also operates in the cooling mode, ventilation and renewable energy.
The company was founded in 1973 as Glen electric, Martin Naughton – who is now the Chairman of the Supervisory Board – in Newry, Northern Ireland, with four colleagues, as a manufacturer of oil radiators.
Four years later he acquired a much greater benefit Dimplex business, moving it into new areas and has expanded steadily.