On Wed, 31 Oct 2012 19:54:00 -0500
Recliner wrote:
The redundancies account for more than half of the firm's 274 UK employees.

The Unite union said it was outraged at the "ruthless sacking" of staff.

The job losses affect both the group's head office and manufacturing site
in Coventry, with 99 out of 176 employees there being made redundant."

Sounds like its on its way to becoming nothing more than another badge
aquisition by the chinese. Probably the chinese plan all along - don't provide
any financing , wait until firm goes bust then buy assets and shift production
to china.

B2003