Comet to axe 130+ jobs
MORE than 130 jobs are set to be cut in Clevedon by the electrical retailer Comet.
The company has offices at Windmill Business Park off Kenn Road, where it employs 414 people.
Today (Fri) Comet has announced proposals to reduce its investment in the arm of its business which sees it carry out repairs on behalf of a range of other electrical manufacturers. This will allow the company to focus more on its store operations.
As a result, about one third of its staff in Clevedon will be made redundant. A consultation has now begun with those affected.
Across the company a total of 450 jobs will be cut.
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Comet chief executive Bob Darke said: “The proposal to reduce our staff numbers has been a very tough decision to make but significant savings are required to secure the long-term viability of our business. This in no way reflects the commitment and efforts of our employees.
“Our first priorities are to reach a speedy decision and support those who may be affected by our proposal and we will make every effort to help them find alternative employment.”
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Comet was recently taken over by private investment firm OpCapita after its previous owner Kesa Electricals paid out �50million for the loss-making company to be taken off its hands.
