Equipment Maker
FLSmidth to cut 700 jobs after 1st quarter plunge.
Denmark’s leading equipment supplier to the cement and mining industries, FLSmidth & Co. will cut 700 jobs due to weak demand for it’s products., this is after orders took a plunge in the first quarter of 2009.
Total losses = 700
Credit Crunch Victim – A. B. Butt of Leicester.
Sad to report the demise of one of the best and friendliest suppliers of equipment for overland 4×4s – A B Butt of Leicester, suppliers of solar panels and electrical ancillaries. Always willing to go the extra mile for a customer and sellers of high-quality kit at sensible prices, they have fallen victim to the “credit crunch“. They will be missed.
Total losses = 21 to 50
Renishaw to axe 500 jobs.
Renishaw, the precision measuring equipment maker is to slash 500 jobs after amassing a £10 million second-half loss.
Total losses = 500
