Loudspeaker brand Tannoy is to make around 70 staff redundant at its manufacturing and office facility in Coatbridge, Scotland.
The move is likely to mean the closure of the site, with production being transferred to Tannoy parent company’s Music Group’s new, three million square foot manufacturing plant in Zhongshan, China,
Research and marketing activities will be relocated to Music’s innovation centre in Manchester.
In a statement issued today (April 29), Music Group said the company is about to enter into a process of collective consultation with all affected employees, but in the event that the redundancies are confirmed following consultation, the Coatbridge facility would cease operations completely.
The announcement was made to employees today by Peter Sommer, Music Group’s senior vice president of lifestyle and home.
Said Mr Sommer: “Following an extensive evaluation of our operational and financial structure, we have taken the difficult decision to propose that the staff in our Tannoy manufacturing and office facility in Coatbridge are dismissed as redundant, which, if confirmed, would see the facility closed.
“While this is a challenging time, I would like to thank our Tannoy employees for their immense dedication and loyalty over the years, which I feel confident, will not be diminished, even as we approach the forthcoming period of collective consultation.”
Following this announcement, all sales, order and delivery processes will remain unaffected, said Music Group.