Co Antrim bus maker Wrightbus says it is 'suspending all recruitment' to cut costs
Ballymena bus maker Wrightbus has told staff it is “suspending all recruitment” in order to reduce costs at the company.
In a letter, it says it is facing a “number of challenges” in both the local and international markets, according to the BBC.
It says “changes to the organisational structure” are needed to “drive increased efficiencies and reduce operating costs throughout the company”.
Wrightbus is suspending “all recruitment with immediate effect”.
It says this applies to vacancies which are currently open and have been advertised.
“We feel this is necessary in the current economic climate and to ensure that the company remains competitive going forward”,” the memo said.
This summer the Belfast Telegraph revealed Wrightbus is in advanced talks over a multimillion-pound Far East order for 500 buses.
The company employs around 2,000 people and more than doubled its pre-tax profits to £11.6m, on turnover of £297m, in its most recent results.
In March the firm confirmed a £62m order for 195 of its Routemaster buses from Transport for London.
London Mayor Boris Johnson visited Ballymena to announce the deal, one week after he came out in favour of a Brexit.
It's understood that deal is still going ahead.