Union to meet with Fairline Boats over 85 potential redundancies

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Unite is today meeting with luxury yacht-builders Fairline Boats to find out why the profitable firm is threatening to make 85 employees redundant.

The union is meeting with management over the intention to shed the jobs at the company’s Corby and Oundle sites. The firm was taken over last July by venture capitalists, Better Capital.

Unite points out that already about 2,000 jobs in the Corby area have been lost in the last six months, including 400 from the Argos distribution centre,

Unite regional officer Adrian Jones said: “The statement from Fairline is not one from a company making a loss, but is talking about protecting its profitability and increasing sales this year.

“We want to know why highly-skilled employees face losing their jobs when the company is boasting about its new model range at the Southampton Boat Show.

“This looks like venture capitalists wanting to squeeze the workers so they can make even more profits. This is irresponsible capitalism, especially in area that has been hit so hard in recent months with job losses.

“We will be raising these issues when we meet with the company tomorrow and Unite will be fighting to retain all the jobs under threat at this self-confessed profitable company.”

There is now a month-long consultation period over the proposed redundancies.


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