Cost-cutting measures see McBride axe 400 UK jobs

Posted on 30 Jun 2014 by Callum Bentley

Up to 400 UK jobs at own-label household cleaning product manufacturer, McBride will face the axe as part of company cost-cutting measures.

In a move to try and recuperate £12m per year, the company made the announcement amid what it claimed was “a deterioration in the UK retail environment.”

It is expected the company will make 400 redundancies of its 1,600 strong UK workforce. The measures are predicted to cost the company £14 million to implement.

Continued growth in Poland, Germany, France and the Benelux countries was offset by lacking profit in the UK and Italy and a move away from contract manufacturing, the company said.

“We are announcing a robust plan that will help restore our UK profitability,” said chief executive Chris Bull.

“We will exit some business in non-core unprofitable categories, but our capacity to meet growth opportunities in our core categories remains unaffected.

“We will be entering into full and meaningful consultation with colleagues affected by these proposals.”