23 Aug 2012
Melksham, UK -- Cooper Tire Europe has confirmed local press reports that it is to lay off about 50 workers at its UK factory due to slow demand for tyres.
In a statement, the comapany said, "Approximately 50 employees in the manufacturing operations area [of the melksham, UK plant] will be affected. Consultation with employee representatives has started through the Works Council and reductions will first be implemented through voluntary redundancy and early retirement where possible. The redundancies will occur at the end of September.
Cooper attributed the move to, "to continuing difficult market conditions in Europe. "
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