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Jobs at risk

13th September 1990
Page 14
Page 14, 13th September 1990 — Jobs at risk
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Which of the following most accurately describes the problem?

• Receivers have been called in at the Willhire Group, putting nearly 250 jobs at risk.

The company was put on the market by founder Roger Williams in July (CM 26 July-1 August) who, at the time, said he was prepared to sell off separately the three main divisions but would prefer to sell the entire business.

However, no buyer has come forward and receiver Cork Gully is seeking initially to keep the business going, so that it can be sold as a going concern.

Williams, who founded the company 27 years ago, said it was a "very unhappy day", on announcing the decision and expressed his concern for the employees.