Scania has revealed that it will have to make significant reductions in the size of its global workforce, citing the serious reduction in demand for its products as a result of the coronavirus pandemic. Scania president and chief executive Henrik Henriksson (pictured) admitted the company now has 5,000 more staff than needed. “Our assessment is that it will take a long time before market demand reaches pre-crisis levels and we therefore need to adapt the organisation to the new situation […]
The Co-operative Group has confirmed that a significant number of staff will take redundancy, following its move to consolidate two DCs. Its Wellington, Somerset and Portbury, Bristol DCs will merge into a new £20m regional distribution centre at Avonmouth. A spokeswoman for the grocery retailer told MT: “As planned, as the new DC at Avonmouth begins operation, there will be a phased reduction in the number of employees at our Chelston site in Wellington and at our Portbury site. “All […]
The former directors of collapsed parcel carrier City Link have been cleared of failing to inform the government of impending staff redundancies before it went into administration last year.
Scania is to appeal today’s €881m (£771m) fine from the European Commission (EC) over price-fixing, after refuting the findings.