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Wage cut' rumour

28th August 2008
Page 9
Page 9, 28th August 2008 — Wage cut' rumour
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denied by City Link

CITY LINK HAS come out lighting against suggestions that it has been trying to cut its wage bill by around £4m to remain profitable.

Industry sources contacted CM to say some staff at the firm had taken a wage cut and others had been made redundant following the company's merger with Target Express last year.

However, City Link sales and marketing director Stuart Godman insists the firm has not cut its wage bill, and has only made a few redundancies following the merger.

"I can categorically deny the suggestion that anyone ha,: been asked to take a pay cut in our business," he says.

"In fact, we are continuing to invest in the business, and will open a number of new depots over the coming months. New depots will open at Worcester, Norwich, Coventry and Stoke by October, and the Cwmbran depot will be refurbished and the Oxford depot extended."

Godman adds: "In any situation where companies come together, it is inevitable that there will be duplication of roles, which result in sporadic redundancies as well as the need in certain regions to either consolidate or relocate depot locations."

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People: Stuart Godman

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