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Latest News

Jobs protected by management buy out of Naylor Jennings

by Personnel Today 21 Feb 2001
by Personnel Today 21 Feb 2001

A management buy-out of Yorkshire textile firm Naylor
Jennings from its parent company Coats Viyella has safeguarded more than 100
jobs in the company.

The T&G union collaborated with senior management in
Naylor Jennings to rescue the firm from closure.

“Instead of being informed of sackings and consulted on how
to sack people in double quick time, rescue plans such as Naylor Jennings show
us the benefit of allowing time for proper consultation based on real
information so companies can find alternatives to closures,” said Peter Booth,
T & G national organiser for manufacturing.

www.tgwu.org.uk

By Karen Higginbottom

Personnel Today
Personnel Today

Personnel Today articles are written by an expert team of award-winning journalists who have been covering HR and L&D for many years. Some of our content is attributed to "Personnel Today" for a number of reasons, including: when numerous authors are associated with writing or editing a piece; or when the author is unknown (particularly for older articles).

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Personnel Today
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