150 workers face the axe; ECONOMY: French company could close its Coventry depot.Byline: Jenny Waddington HAULAGE firm Norbert Dentressangle could axe 158 jobs in Coventry within the next few months. The French-owned company has started a threemonth consultation with its workforce, which could lead to the closure of the warehouse in Middlemarch Business Park by September. Bosses at the firm have blamed the global dowturn for its need to streamline the business. Norbert Dentressangle's Coventry base works as a warehouse for the automotive industry The automotive industry is the industry involved in the design, development, manufacture, marketing, and sale of motor vehicles. In 2006, more than 69 million motor vehicles, including cars and commercial vehicles were produced worldwide. - which has been crippled crip·ple n. 1. A person or animal that is partially disabled or unable to use a limb or limbs: cannot race a horse that is a cripple. 2. A damaged or defective object or device. tr.v. by the recession. A spokesman for the firm said: "At this stage closing the warehouse is a proposal, nothing has been decided. "The company is operating in increasingly challenging times [which] has contributed to the company's need to streamline the infrastructure." The announcement has been described as "very disappointing" by business leaders and organisations across the region. Stephen Keller, from the Freight Transport Association FTA - Freight Transport Association The Freight Transport Association (FTA) traces its roots back to 1889. FTA's mission is to represent the views and interests of over 13,000 companies - from large multinationals and household names to small and medium businesses. , said: "It just goes to show that the logistics industry is facing tough times at the moment." Business leaders in Coventry and Warwickshire said it was a further example of the economic challenges facing the area. Louise Bennett, chief executive of the Coventry and Warwickshire Chamber of Commerce, added: "Behind every statistic statistic, n a value or number that describes a series of quantitative observations or measures; a value calculated from a sample. statistic a numerical value calculated from a number of observations in order to summarize them. , there is a personal story and our thoughts are with those who are losing their jobs. "This also has an effect on the local economy because we see the overall wealth reduced." BT also announced yesterday it was set to axe 15,000 jobs across the country - 10 per cent of its workforce - but hoped to avoid compulsory redundancies. The company - which also slashed 15,000 jobs last year - has reported an annual loss of pounds 134million.. CAPTION(S): DOWNTURN... Norbert Dentressangle has been hit. |
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