Building products firm Hanson set to announce job losses
Thursday 04 October 2012
Job losses are set to be announced by a leading building products firm after a fall in demand.
Hanson has told its workers that demand for its core products, including asphalt, concrete and cement, had fallen by more than 10% during the year and that 2013 was likely to be worse.
The company said it would have to take steps to balance the size of the business by reducing capacity and bringing overheads into line, moves that would "inevitably" result in job losses.
An announcement on restructuring proposals will be made by the end of October, with no details available yet on the number of job losses.
The GMB union said it feared hundreds of jobs will be lost.
National officer Allan Black said: "This gives the lie to the coalition propaganda about light at the end of the tunnel.
"If we are still losing capacity in these most basic industries, then there is no sign of a construction-led economic recovery.
"Given the company's forecast for 2013 it is ever more clear that George Osborne's Plan A is not working."
The battle for control of Stieg Larsson's £30m legacy
Geoffrey Macnab does not like the comedian's big screen debut
Look beyond the usual shows for the best festive telly
Michelle Nijhuis' daughter insists (s)he is, and she learnt a valuable lesson on gender in books
newsFormer soldier taped 33 of the animals to the floor and then stamped on them one by one
Robin Thicke named sexist of the year 2013
PAs cleared of fraud - and Nigella Lawson left reeling at 'ridiculous sideshow' of drug allegations and public dissection of marriage to Charles Saatchi
Cycle death inquest: Boyfriend hugs driver of 32 tonne tipper truck that killed his girlfriend
Paul Walker death caused by speed alone
Apollo Theatre collapse: Scores injured after ceiling collapses in London's West End
- 1 Sun will 'flip upside down' within weeks, says Nasa
- 2 Christmas comes early: Justin Bieber is 'retiring from music'
- 3 Iain Duncan Smith leaves Commons food banks debate early
- 4 Cycle death inquest: Boyfriend hugs driver of 32 tonne tipper truck that killed his girlfriend
- 5 Burglar steals video tapes of child abuse, hands them into police
- < Previous
- Next >
iJobs Money & Business
£Negotiable: Citifocus: High calibre individual with institutional client serv...
£120000 - £150000 per annum: Cornwallis Elt : Programme Manager, Strategy Lead...
£55000 - £120000 per annum: Pro-Recruitment Group: The Financial Services Tran...
£600 - £700 per day: Harrington Starr: Client based in West London is looking ...