Wrightbus looks to cut costs but ‘jobs are safe’
Major Co Antrim bus builder Wrightbus has allayed fears of a new round of jobs cuts, but has admitted that staff have been consulted as part of a review of cost-saving measures.
The company has moved to deny speculation that it will announce redundancies this week.
In September, the firm signed an Asian export deal worth £21m to deliver an additional 300 double-deck bus kits to SBS Transit for assembly in Singapore.
The deal came on the back of an initial export order, won in tandem with Volvo Bus Corporation, for the Wright Group to supply the bodywork for 150 new double-deck buses in kit form to SBS Transit, announced last August.
Wrightbus currently employs around 900 people.
A spokeswoman said that reviews into costs and savings take place on a regular basis and staff had been briefed last week about suggestions and proposals.
“As an innovative, forward-looking company, the Wright Group monitors all aspects of its operations on a regular basis,” she said.
“This also includes costs and, if deemed appropriate, efficiency savings are implemented at the earliest opportunity.
“The company trades on a global stage and therefore needs to be internationally competitive, and ready to take advantage of opportunities which arise as the economy recovers.
“The company has an open communications policy with staff and any significant decisions taken by the company are always discussed at the earliest opportunity.”
In 2009, the company entered consultation with staff about the possibility of 235 redundancies. However, only 100 jobs were cut.