Over 500 jobs under threat at warehousing and distribution firm

Over 500 jobs could be axed at Nottinghamshire-based warehousing and distribution firm Prolog after the company revealed plans to enter administration.

Mazars has been brought into advise the firm, which is based on Sherwood Business Park.

Simon Chandler, Mazars’ head of restructuring services and proposed joint administrator, said: “Even at this early stage, I would like to thank the staff and customers for their positivity and support at what is a very difficult time.

“We are seeking to engage with all stakeholders to find a way forward that minimises disruption and gives us the best chance of retaining the workforce.

“The customers we have contacted have been responding very positively, and this is in part due to the excellent service and commitment shown by the company’s workforce in the past. We will continue working with all parties to reach the most positive solution possible.”