50 REDUNDANCIES AT JOHNSON TILES AS RESTRUCTURING GETS UNDER WAY
Johnson Tiles, one of the UK’s two remaining volume tile manufacturers, has announced 50 redundancies this week.
The job losses are part of a major programme to restructure the business, the company says. The changes, which do not involve sister company Norcros Adhesives, have been triggered by a period of “weaker than expected” market conditions. These have led the Norcros board to conclude that it must significantly reduce its cost base in line with the lower levels of activity. The restructuring programme is intended both to improve the operating performance of the business and its resilience going forward.
The proposed job losses are subject to a 30-day consultation period, which has started this week.
The company acknowledges that this process will create some short term uncertainty, but it claims that the business will emerge stronger and better placed to compete.