Furniture company folds with 252 job losses

  • 📰 BBCNews
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 97%

Philippines News News

Philippines Philippines Latest News,Philippines Philippines Headlines

Triumph Furniture of Merthyr Tydfil folds with 252 job losses

A furniture company has gone bust with 252 job losses after reporting"a catastrophic collapse in orders".

The firm went into administration on Tuesday, after an"unprecedented fall in sales" over the last 10 weeks.The remaining 13 will be kept on in the short-term to help administrators. He said:"The family is devastated by this appalling outcome and are extremely concerned for the welfare of all Triumph employees and their families at this terrible time.

He said Triumph had enjoyed"incredible loyalty and support" from the people of Merthyr Tydfil and the surrounding valleys, which has been a"key element" in its success and longevity."All connected with the business over these years should be very proud of what has been achieved," he added.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I hope they fired the Leavers first

This company's experience and knowledge could help MARKETING: [Used_Oil_Drum_Furniture]_Industry... aka [Survival_Project_for_Stranded_Migrants]…

Will jeremycorbyn say it's Brexit fault or say the government should step in? Missed photo opportunity here.... will DavidLammy blame the white supremacists? Will bobble head NicolaSturgeon blame the government like she always does? Will the bbc blame Brexit borisjohnson.

They also went into administration in 2011, sad for the losses but wonder how many will blaim brexit when it its not. We can’t put tariffs on cheaper E.U. manufacturers because we are in the E.U.

Very sad news for all workers and families affected

At a guess, Brexit will get the blame I suppose

Wales voted for Brexit

Can we lock up cameron for even listening to farage . Tories need to say brexit undeliverable and gamble that farage doesn't win election. Sick of Tories acting like right wingers anyway. brexit

Well another company in dept just like Thomas Cook ,how much have suppliers lost out on such a demise?

One of many to come

Beware the Brexit Recession ask any market trader TheMoorMarket Brexit is killing Britain you may think its your choice but common sense should be shouting. Business are dying faster then the days left... Wake up!

Wonder what was behind the rapid decline in orders... It's hard to know what you can say to all those people who will now lose their employment.

china taking over ?

Brexit?

Actual news from the BBC? Things have taken a turn today.

Diesel and online shopping to blame or remoaners or the germans 🤷‍♀️

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in PH

Philippines Philippines Latest News, Philippines Philippines Headlines