Waterford Wedgwood haemorrhages more jobs

Waterford Wedgwood is shedding a further 280 jobs at its Waterford Crystal plant in Kilbarry, Waterford, Ireland.

Waterford Wedgwood haemorrhages more jobs

The news comes on top of the company’s announcement last November that 490 jobs would go at the factory.

Commenting on the news, group chief financial officer Anthony Jones said: “As part of our ongoing group-wide review of operations, it has become clear that maintaining manufacturing operations in Ireland at their current level is not feasible.

“Along with many other companies, we are, therefore, forced to find alternative means of production abroad. We recognise that Waterford is critical to the DNA of our brand and we will retain our visitor centre and some prestigious manufacturing at Kilbarry.”

Earlier this month, Waterford Wedgwood also told its workforce at Barlaston, Stoke on Trent, to expect up to 96 job losses.

The company has been addressing what it has called “the urgent task of restructuring the cost base and returning the group to profitability”.

Last week it managed to raise £63.3m towards debts of £377m.

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