Category:
News & Updates
Building materials group Saint Gobain has announced that it will cut 4,000 jobs worldwide, including 1,100 in the UK. Saint Gobain, whose network includes builders merchants Jewson and plumbers merchants Graham announced that 1,100 of the losses would be in the United Kingdom, reducing the size of the UK workforce by 6%.
The building distribution sector saw sales increase by 5.4% in the first 2 quarters of 2008 but with demand on the wane, particularly in the UK and Spain, the job losses were necessary "to ensure that all our businesses can remain competitive, healthy and sustainable in the long-term" according to a company spokesperson.
For the latest news on builders merchants and their suppliers, visit The Builders Merchant's Journal.
Post new comment