NW jobs go after collapse of London taxi maker
MORE than 150 staff at collapsed taxi maker Manganese Bronze have lost their jobs, administrators have confirmed.
PwC said that due to the firm’s financial difficulties it had been left with no option but to wield the axe. Among the redundancies are 13 out of 22 staff at a dealership in Manchester.
The 156 redundancies include around 80% of the shopfloor staff based at Coventry. Workers at the plant reacted angrily to the announcement today, although the move had been widely anticipated.
Matthew Hammond, joint administrator and PwC partner – who broke the news to staff, said: “Regretfully, without financial support to overcome the group’s operational issues we have had to make staff redundancies.
“While the steering box recall remains, there is a voluntary suspension on vehicle sales, and we are now concentrating all resources on testing the solution to the steering fault. We have retained sufficient numbers of staff across the dealership, head office and production network to address the operational, technical and financial circumstances that the business faces.”
In total 108 staff have been retained or laid off. The 12 that have been laid off have been sent home on partial pay and will be called back into work should vehicle production start up again.
