News Formal

Glasgow company enters administration as more than 160 jobs axed

  • 📰 Glasgow_Live
  • ⏱ Reading Time:
  • 18 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

In The News Nyheter

BBC

Administrators Interpath Advisory said Axis had struggled with a 'high demand' for its services during the pandemic, but more recently had faced a decline in projects and an increase in labour costs.

Scotland's largest visual effects company, which has worked with Netflix and won an Emmy, has gone into administration, with more than 160 jobs axed.

Interpath Advisory managing directors Alistair McAlinden and Geoff Jacobs were appointed administrators of Axis Productions Limited and Axis VFC Limited, which both trade under Axis Studios. Mr McAlinden, who is head of Interpath Advisory in Scotland, said: "It is a great shame to see a creative business in Scotland close its doors.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 4. in SE

Sverige Senaste nytt, Sverige Rubriker