Type
Internal restructuring
Country
United Kingdom
Region
Wales;
Location of affected unit(s)
Sector
Manufacturing
Manufacturing Of Furniture And Other Manufacturing
Manufacture Of Furniture
31 - Manufacture of furniture

110 jobs
Number of planned job losses
Job loss
Announcement Date
11 March 2011
Employment effect (start)
Foreseen end date

Description

Triumph Furniture Company has made 110 employees redundant in South Wales with immediate effect after going into administration. The cuts are blamed on a slump in sales to public sector bodies. The firm is continuing to trade as attempts are made to findĀ a new buyer.


Sources

  • 11 March 2011: BBC

Citation

Eurofound (2011), Triumph Furniture Company, Internal restructuring in United Kingdom, factsheet number 71729, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71729.