Grim News – Hundreds Made Redundant At Airport Firm

Breaking news in the Echo:

HUNDREDS of jobs have been lost after a leading firm at Southend Airport went into administration.

Workers at aircraft maintenance company ATC Lasham were called into a meeting this morning and made redundant – being told to leave immediately.

A statement from administrators Nigel Morrison and Richard Lewis of Grant Thornton UK LLP said the company has 383 staff – at Lasham in Hampshire and Southend Airport.

Shocked and upset employees told the Echo there were already administrators in the building, off Eastwoodbury Crescent, today.

 

Full report here.

 

  • Not about this particular story but in the same vein, Edes ( the small electrical store in Eastwood Rd opposite the crossing ) is closing down. Could not make the money to keep it viable.

  • This will be devastating for so many people. After reading the newspaper report I just wish companies that are in such dire straights would give the people that work for them more respect and at least some warning of possible closure not just ‘good morning, goodbye ‘ after years of service. How staff cope with it I really don’t know. All the best to you all.