The company said it has been facing "challenging market conditions" and will have to "streamline some of its processes" with about 9% of the workforce being let go.
The company, which made about 40 staff redundant earlier this year, posted a £69m pre-tax loss in 2022 but yesterday stressed it had made significant progress this year on plans to improve efficiencies and has a strong order book.
However, the Stonehouse-headquartered business has not been "immune to market forces" and a recent review of the business highlighted that it had to strengthen its resilience against potential future market fluctuations and build a stronger business in anticipation of the market returning to normal.
It means it will be "streamlining some of its processes" with an aim to keep its most experienced and skilled workers with "an increased focus on quality and operational efficiency".
هذه القصة مأخوذة من طبعة December 04, 2024 من The Herald.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة December 04, 2024 من The Herald.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Whittaker hits his century of Argyle outings
MORGAN Whittaker is set to make his 100th appearance for Plymouth Argyle in the away Championship game against Stoke City today (12.30pm).
A WELCOME RETURN
CISSOKO BACK AFTER THREE MONTHS OUT
Argyle without Gibson as he heads to Preston
PLYMOUTH Argyle will be without defender Lewis Gibson for today's Championship clash at Stoke City after he yesterday joined Preston North End for what the club called a \"significant undisclosed fee.\"
New year, new job buzz for Hamilton
SWITCH TO FERRARI GIVES LEWIS FRESH IMPETUS AFTER A YEAR OF STRUGGLE
Musk 'could help us fight online abuse'
ELON Musk’s attacks on the UK Government’s handling of child grooming gangs are “misjudged and certainly misinformed”, Wes Streeting said.
Zelensky talks Trump
TRUMP is \"strong and unpredictable\" and those qualities can be a decisive factor in his policy approach to Russia's invasion of Ukraine, according to Ukrainian President Volodymyr Zelensky.
Warnings in place as cold weather hits
LARGE parts of the country will face disruption from heavy snow and freezing rain over the weekend after forecasters issued two amber weather warnings.
Care crisis pledges
PEOPLE should be \"protected from the catastrophic costs of upfront care\" that see them forced to sell their homes, Wes Streeting has suggested.
Biker slams 'shoddy' new parking spaces
SAYS NEW SITE IN PRINCESS STREET IS MUCH SMALLER
Burglar's 24-hour rampage'
A MAN is set to face a judge for sentencing later this month after he admitted burgling a series of commercial businesses, including two of the city's most well-known latenight eateries.
