A further 41 redundancies have today been made at Paramount Food Limited's Deeside premises. The amount of redundancies have now reached 173 across the company’s two sites, 41 in Salford and 118 in Deeside. with 14 salaried redundancies across the two sites.
"Order volumes have fallen and the Company’s declining turnover cannot sustain its existing level of overheads. Further redundancies were required...in order to enable continued trading in the short term whilst a purchaser is sought".
– DAVID WHITEHOUSE, PARTNER, DUFF & PHELPS, JOINT ADMINISTRATORS
More top news
The Prince of Wales met members of the England and Australia cricket teams ahead of the Ashes tournament which starts on Wednesday.
Summer seems like a dim and distant memory at the moment - in fact we'll have to wait until Thursday before the warm sunshine returns.
A Wales-based company is partnering with job centres to roll out an initiative to get people with mental health problems back into work.