Tuesday, November 18, 2008

Wolseley to shed 2,300 more jobs

Wolseley to shed 2,300 more jobs

Plumbing and building materials firm Wolseley says it is to cut 2,300 more jobs, the majority in the UK, and close more than 200 branches. Wolseley, which owns the Plumb Center and Build Center chains and operates in Europe and North America, said it had already cut 5,000 posts since August. It added that trading conditions were expected to worsen in the short-run. "We continue to react swiftly to market conditions with aggressive but measured cost reduction," the company said.

Posted by mark @ 10:18 AM (585 views)
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One thought on “Wolseley to shed 2,300 more jobs

  • This firm is like the Tesco’s of the the construction industry, they lure you in with good offers but then sting you on the basics, much of their trade has gone to leaner, and cheaper competitors.

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