Feb 22, 2018

Brexit blamed by Stockport smart meter firm intending to axe 288 staff

Landis+Gyr told the GMB union it could move production from Stockport to Romania and Asia because costs have risen 20% since the referendum in 2016. "GMB will be working tirelessly to secure the best possible deal for affected members during consultation." Landis+Gyr said the consultation process would "Examine means of optimising the production costs" of its UK smart meters. A spokeswoman said: "We place great value on our staff and are committed to conducting the consultation process in an open and collaborative fashion." A consultation on redundancies at its factory in Market Deeping, Peterborough is also under way.

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