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Business performanceEmployment lawLatest NewsEconomics, government & businessJob creation and losses

Waterford Wedgewood goes into administration with 1,900 UK jobs at risk

by Mike Berry 6 Jan 2009
by Mike Berry 6 Jan 2009

Up to 1,900 more UK jobs are at risk after famous china and ceramics firm Waterford Wedgwood went into administration.

The firm blamed poor trading and failed buyout talks for the move, and has appointed Deloitte as administrators to seek buyers for the different parts of the company.

In the UK, Waterford Wedgwood employs 1,900 people â€“ of these, about 600 work in manufacturing in Stoke-on-Trent.

In total there are 5,800 employees outside the UK with the biggest manufacturing centre being in Indonesia, where there are 1,500 staff involved in production.

In a separate development, childrenswear retailer Adams has closed down 111 of its UK stores, five days after calling in the administrators.

As a result, 850 members of staff have been made redundant with immediate effect.

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Mike Berry

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