AMP plans further UK closures and job cuts

AMP plans further UK closures and job cuts
Alex Mayhew-Smith US firm AMP is to close a manufacturing site in Port Glasgow, Scotland, and reduce its UK employees by 250. It is the second time in the space of five months that the world’s largest connector firm has announced UK closures and job losses. “Our company must change in order to remain competitive, and to secure its future in a market where price erosion and globalisation are having an ever increasing impact,” said Tony Gatt, managing director, AMP of Great Britain. Most of the jobs to be cut are from the Scottish plant, and others will go from sites in Stanmore, Middlesex and Bideford, Devon. The job cuts will be completed by the year end and production will be moved overseas, with part of it being taken up by AMP’s plant in Bideford. The company has had a presence at the Glasgow site for 40 years and has been assisted at various times by the Scottish development agency, Locate in Scotland. The development agency said it is seeking a meeting with the firm to see if any jobs can be saved. The announcement “clearly has implications for the financial assistance awarded to the company and officials will be reviewing this with the company’s senior management,” said Locate in Scotland. It drew attention to its clawback conditions that insure any grant used to create jobs for a specific period can be recovered. AMP closed its M/A-COM manufacturing facility at Harlow last September with the loss of 300 jobs.


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