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Builder's merchant jobs threat

Created on 19/10/2016 @ 09:51
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The jobs of workers at a builder’s merchant with branches at Newtown and Welshpool are under threat today.

Travis Perkins says it is to close 30 branches, affecting 600 jobs, after warning over "uncertain" trading. Branches across Shropshire are also under threat as well as those at Newtown and Welshpool.

At present, the locations of the job losses are not known. Travis Perkins said the branches would shut across its trade business, while it also plans to shut 10 smaller distribution centres after reviewing its plumbing and heating divisions.

The company, which employs 28,000 staff group-wide, said it hoped to relocate some of the affected staff to other sites.

The overhaul comes as Travis Perkins said full-year underlying earnings would be "slightly" lower-than-expected, while it cautioned over the outlook for 2017.


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