Construction tools maker mainly blames slumps in Russia and Brazil as new cuts will add to 400 job losses announced two months agoJCB has announced up to 290 job cuts in a chase that leaves more than 10% of the workforce at one of Britain’s biggest manufacturers facing redundancy.
The construction equipment company,known for its yellow diggers, blamed a rapid slowdown in machine orders worldwide, or with the cuts taking spot across JCB’s eight Staffordshire factories and in Wrexham. Continue reading...
Source: theguardian.com