Summary
UNIONS last night described furniture group MFI's decision to close its North-East factory with the loss of more than 500 jobs as a "dark day" for UK manufacturing.
In an announcement to the City yesterday, the group revealed plans to cut almost 1,500 jobs across the UK as part of a restructuring drive aimed at reviving its flagging fortunes - which yesterday saw it plunging 600,000 into the red.See the full content of this document
Extract
'Dark Day' As More Than 500 Jobs Axed
And the company said the axe would fall at its Stockton plant, on the Preston Farm Industrial Estate, near Eaglescliffe, with ...
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