MUSIC ANNOUNCES PROPOSED TANNOY REDUNDANCIES
2 May 2016
MUSIC has announced that it proposes to make redundant around 70 staff at its manufacturing and office facility in Coatbridge, Scotland. The company plans to collectively consult with all affected employees, but if the redundancies are confirmed, the Coatbridge facility would cease operations completely. That means that Tannoy loudspeaker production would be transferred to MUSIC’s new three million square-foot manufacturing plant in Zhongshan, China, with its R&D and marketing activities being relocated to MUSIC’s Innovation centre in Manchester, UK.
The announcement was made to employees by SVP, Lifestyle & Home, Peter Sommer: “Following an extensive evaluation of our operational and financial structure, we have taken the difficult decision to propose that the staff in our Tannoy manufacturing and office facility in Coatbridge are dismissed as redundant, which, if confirmed would see the facility closed. Whilst this is a challenging time, I would like to thank our Tannoy employees for their immense dedication and loyalty over the years, which I feel confident, will not be diminished even as we approach the forthcoming period of collective consultation.”
Following the announcement all sales, order and delivery processes remain unaffected.
More Info:
MUSIC: www.music-group.com
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