Guardian: Up to 1,700 jobs to go as Rentokil shuts down loss-making laundry business
Up to 1,700 jobs are to be lost after Rentokil announced it is to close its loss-making linen and workwear laundry business. The ratcatching and roller towel business said it is to shut down 25 cleaning plants and distribution offices nationwide. Together they employ 2,000 staff and there are definite alternative jobs available for only 300 of them. The shutdown will cost up to £50m, but much of that will be offset by property sales.