Hundreds of workers at Axminster Carpets have today been coming to terms with the fact they've lost their jobs. Administrators announced yesterday that three quarters of the workforce were being made redundant.
Production continued today at the Axminster factory, but the yarn spinning mill at Buckfast has shut down completely. This morning workers met up for a meeting outside the locked gates. Our Business Correspondent Seth Conway reports.
One hundred workers now have job security after a buyer was found for Axminster Carpets over the weekend.
The company charged with re-structuring the carpet firm is making 300 staff redundant.
Three-quarters of the workforce at Devon-based historic carpets firm Axminster have been made redundant