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Hundreds of jobs at Sharp to be cut firm announces | |
(about 1 hour later) | |
Electronics giant Sharp is ceasing solar panel production at its Wrexham factory with the loss of hundreds of jobs. | |
Sharp said it was cutting 250 posts and was not renewing agency workers' contracts - thought to be about 365. | |
The company said the decision affecting its Llay factory was "unavoidable" given trading conditions which "left Wrexham's output uncompetitive". | |
The plant is due to end its solar panel production in February. | |
Sharp said its European solar business was being transformed to ensure "regeneration and long-term growth". | |
In a statement, Sharp boss Hiroshi Sasaoka said the decision was difficult to make. | In a statement, Sharp boss Hiroshi Sasaoka said the decision was difficult to make. |
"It is with sincere regret that we have decided to end solar panel production in Wrexham," he said. | |
"Our employees are our greatest asset, and we have been fortunate to have a loyal, hardworking and committed workforce since we began solar production here in 2004. | "Our employees are our greatest asset, and we have been fortunate to have a loyal, hardworking and committed workforce since we began solar production here in 2004. |
"The Wrexham facility will continue to produce microwave ovens, and we will be investigating additional products for development." | "The Wrexham facility will continue to produce microwave ovens, and we will be investigating additional products for development." |
Wrexham council leader councillor Neil Rogers said: "This is obviously very disappointing news particularly for those staff who have lost their jobs." | |
MP Ian Lucas said the loss of the jobs was a "hammer blow" to the town. |