Sharechat Logo

Up to 45 jobs to go at Yarrows

Thursday 9th June 2011 2 Comments

Text too small?

Up to 45 of the about 150 workers at Yarrows Bakery - one of the nation's last big independent bread bakers - will lose their jobs.

The Engineering, Print and Manufacturing Union said all workers had been made redundant following the receivership announcement last month, but 100 have been offered new jobs by the receivers.

Between 40 and 45 workers would lose their jobs, EPMU lead organiser Wayne Ruscoe said.

"We hope this decision to strip the business back to basics will make the company a more saleable asset," Ruscoe said.

The company was the largest employer in Manaia, a tiny South Taranaki town with a population of just 1009.

Its factory produces up to 40,000 loaves of bread a week and sells frozen dough to Subway outlets in New Zealand and overseas.

 

NZPA



  General Finance Advertising    

Comments from our readers

On 9 June 2011 at 3:08 pm JP said:
If only Paul Yarrow had reigned in his ego the company would not be in this situation. he had other options many weeks prior to receivership.
On 9 June 2011 at 3:59 pm Alberre Tross said:
40,000 loaves a week ? That doesn't add up and even 105 staff would be too many so either the production figure is wrong or the frozen dough sales are keeping the business afloat. Presume JP is a member of the EPMU but a simple visit to a large supermarket would show what Yarrows were up against.
Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

GEN - Completion of Purchase of Premium Funding Business
Fletcher Building Announces Executive Appointment
WCO - Director independence determination
AIA - welcomes Ngahuia Leighton as 'Future Director'
Mercury announces Executive team changes
Fonterra launches Retail Bond Offer
October 29th Morning Report
BIF adds Zincovery to its investment portfolio
General Capital Resignation of Director
General Capital subsidiary General Finance update