Tag Archives: asset-stripping

Schivo NI, formerly Maydown Precision Engineering, enters administration; latest body blow to North West industrial base

Union asks whether work conducted in Derry has been outsourced by incoming management in a cynical ‘asset-stripping’ manoeuvre NI Executive parties must now reconsider their refusal to bring forward industrial strategy for balanced regional growth January 6th: Unite Regional Officer, … Continue reading

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Outrage over Wiggle decision to close Chain Reaction operations

Management restructuring threatens more than three hundred jobs and comes only months after acquisition October 26th: Unite Regional Officer, Davy Thompson, was scathing of a decision by Wiggle to close operations it inherited from Chain Reaction Cycles in Northern Ireland. … Continue reading

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