Veka fears for jobs after falling sales and customer losses
16th June 2020

Veka has signalled possible redundancies at its Burnley base as result of falling sales including ‘significant customer losses’.

In a statement issued earlier today, MD Dave Jones said: ‘Veka plc has taken a number of actions over the past months to mitigate the effects of Covid-19 from arranging financial support to putting all non-essential spend on indefinite hold. However, upon our return on the 11th May and speaking with our customer base over recent weeks, we have identified some significant customer losses, one of whom went into administration just last week which will have a substantial impact on our business.”

The manufacturer says it started the process yesterday, initially looking to establish an employee elected committee responsible for taking group redundancy consultations and from there, it will follow the process as set out by relevant employment law rules & regulations.

Dave Jones continued: “Having taken all available options to us to ensure our business remains sustainable, we are now forced to take more prudent approach to all company expenditure and to review the resource requirements in light of this predicted drop in sales. That said, at this stage we cannot confirm exact numbers of potential redundancies, however we will continue to monitor situation on a daily basis throughout the process.

“This is not the year we, the board of directors, had planned for Veka plc in 2020 and we are disappointed that Covid-19 has had such an impact on our economy, industry and business despite the strong support packages from the government and saddened that this will ultimately result in losing valued employees.”