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03/06/2011
Camden Group Warns Of Job Losses
A Co Antrim based company which manufactures PVC doors, windows and conservatories has warned it may be forced to make redundancies.
UK and Ireland based Camden Group has notified all 500 employees by mail.
Only three months ago the group boasted a £16m investment in R&D with the intention of creating 225 new roles. In a statement Camden Group said: "This in-house review hasn't been concluded as yet, but could result in some restructuring of the business and, regrettably, may involve a small number of redundancies.
"Similar reviews have been, and continue to be, carried out across the majority of private and public sector organisations in Northern Ireland and beyond.
"This review is in response to short term market conditions and hopefully will not impact on the medium term plans for the group."
(GK/BMcC)
UK and Ireland based Camden Group has notified all 500 employees by mail.
Only three months ago the group boasted a £16m investment in R&D with the intention of creating 225 new roles. In a statement Camden Group said: "This in-house review hasn't been concluded as yet, but could result in some restructuring of the business and, regrettably, may involve a small number of redundancies.
"Similar reviews have been, and continue to be, carried out across the majority of private and public sector organisations in Northern Ireland and beyond.
"This review is in response to short term market conditions and hopefully will not impact on the medium term plans for the group."
(GK/BMcC)
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