Upturn allows repair company to re-create axed posts

Mobile
phone and IT repair company CRC has re-created 50 jobs it axed during
cost-cutting activities earlier in the year, according to The Scotsman.

Most
of the staff hired to fill the vacancies were those who lost their jobs when
CRC reduced its headcount in February. The company said that an upturn in its
business has enabled it to re-create the jobs at its Glenrothes plant in Fife.

For
the year to 31 December 2003, CRC registered ongoing declines in its mobile
repair business and a fall in revenues by 35 per cent to £71.2m. Operating
profits declined by 45 per cent to £4.3m and pre-tax profits dropped 52 per
cent to £3.7m. It was forced to cut staff and close down plants.

By Daniel Thomas

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