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Network Journal 2005 Issue 2

Company news in brief

Compulsory redundancies have to be the last resort, said Usdaw after the Co-operative Group announced plans to shed 600 jobs during the next two years at its Manchester HQ.

The union will press the company to use natural wastage to keep the number of compulsory redundancies to a minimum.

"Our members can be assured we will make sure they are treated fairly throughout the next two years," said national officer Sharon Ainsworth. "We will make sure Co-op management explore every possible option before considering compulsory redundancies which we don't believe are necessary at this stage."

The announcement came soon after the Group released disappointing financial results for the last year.

The workforce at Colgate were left reeling after the multinational owner Colgate-Palmolive announced plans to close its Salford factory in Greater Manchester with the loss of around 400 jobs.

Usdaw officials have begun talks with the company over its plans to shift toothpaste production to Eastern Europe over the next two years.

The number of independent corner shops in the UK continues to fall although they still account for more than half of all corner shops, says a new report.

Independent store numbers fell by seven per cent last year while sales at convenience stores owned by Tesco and Sainsbury increased by 18 per cent.

Many stores are seeking refuge under 'symbol' groups like Spar or Costcutter to protect their share of the £23.9 billion convenience market.


2005 Issue 2 Contents | Previous Issues



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