Norcros to axe 90 jobs

CHESHIRE-based bathroom specialist Norcros is to axe 90 jobs from its UK tile business as part of a restructure. In a trading update the listed Wilmslow company said it has started a restructure of Johnson Tiles, which will mean the loss of around 90 jobs. The restructuring, which Norcros said would increase flexibility and reduce inventory, will cost the group around £2.3m. Norcros made the announcement ahead of announcing its full year results for the year to the end of March 2017. Group revenue for the year is expected... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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