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Nine hundred Young's Seafood jobs at risk More than 900 Young's Seafood jobs at risk
(35 minutes later)
Nine hundred jobs are under threat at two seafood factories in Fraserburgh and Grantown on Spey. More than 900 jobs are under threat at two seafood factories in Fraserburgh and Grantown on Spey.
Young's Seafood said it was looking to restructure after the loss of a major contract to supply salmon to supermarket chain Sainsbury's.Young's Seafood said it was looking to restructure after the loss of a major contract to supply salmon to supermarket chain Sainsbury's.
The company is entering into formal consultation with workers that would see its factories in Fraserburgh and Grantown On Spey close. It is entering into a formal consultation with staff that would see the two bases close. The vast majority of the jobs are in Fraserburgh.
It would consolidate processing at other plants.It would consolidate processing at other plants.
Young's is one of the biggest employers in Fraserburgh.
'Skilled teams'
Chief executive Pete Ward said: "Today's announcement does not reflect on the skilled teams at Young's Fraserburgh and Spey Valley, who are committed, dedicated and continue to work hard through this time.
"This process will not be easy, but we have to face some tough decisions and we believe the proposals, outlined today, could deliver a significantly more sustainable manufacturing footprint than other potential consolidation options.
"As we move forward, we continue to be focussed on providing our customers and consumers with high quality, good value, fish and seafood and we will talk, in detail, with employees about options for the future."
Young's said the proposal could also result in the transfer or creation of about 200 jobs across other sites in Grimsby, Livingston and Annan.