Cascade cuts seven jobs
Date published: 18 March 2009
SEVEN jobs are to go at the Cascade Electrolite business in Chadderton.
The redundancies reflect a downturn in the lighting supplier’s level of business from Gorse Mill, Broadway.
The company, which supplies lighting products to companies such as B&Q, Argos and Homelife, has a work force of 90, and managing director Mr Ronnie Abrahams admits that there could be more redundancies if business does not improve by the autumn.
He said: “We are not moribund by any means, and we are doing business, but everyone knows the position of the economy at the moment. This is not an issue about people or their jobs, there just isn’t the demand at the moment to sustain the number of people we have.”
He added that Cascade was looking at a raft of other cost-cutting measures in addition to the redundancies.
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