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 Teves shedding jobs

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T O P I C    R E V I E W
Cae Posted - 15/05/2006 : 18:08:57
Just heard Teves are shedding 350 jobs - that's bad.
9   L A T E S T    R E P L I E S    (Newest First)
pierre Posted - 19/05/2006 : 09:09:55
Yes, German....

"I'm not an alcoholic, I'm a drunk - alcoholics go to meetings"
Eily Posted - 18/05/2006 : 22:06:41
They are a German company aren't they?
Chris Posted - 18/05/2006 : 19:52:21
Aren't they "re-locating" to Slovakia for cheaper labour?


Most likely yes, but also for other reasons, such as cheaper overheads, and transport costs.
Eily Posted - 18/05/2006 : 18:00:30
Aren't they "re-locating" to Slovakia for cheaper labour?
bobd Posted - 18/05/2006 : 12:15:18
if this is true, its another severe blow to the local economy! talk about deivering another body blow to a town already on the ropes! my heart goes out to all those potentially affected
Cae Posted - 17/05/2006 : 21:31:11
I don't know if I heard correctly on the news but I think they made a substantial profit for the company in past year. Such a shame for all their hard work to be "rewarded" in this way.
Chris Posted - 17/05/2006 : 17:51:26
It's little wonder, that companies are re-locating outside of the United Kingdom, when the cost of living and taxes are so high here. Another issue is the currency exchange rate, which makes goods and services in the United Kingdom expensive in comparison to other countries.
pierre Posted - 15/05/2006 : 20:49:37
pierre Posted - 15/05/2006 : 20:03:28
I think in total its around 500 jobs. Very bad news for the town.

More Taxi's on the way I expect :-(

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