Independent journal on economy and transport policy
14:54 GMT+1
Shipbuilder warns of job losses
(BBC News)
October 3, 2000
UK shipbuilder Vosper Thornycroft has warned that it will have to make more than half of its workforce redundant unless it wins more work.
In a statement, the company said it was issuing a redundancy notice for about 650 of its 1,200 shipbuilding workforce, which would take effect "early next year" if it was unable to secure fresh contracts.
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