Barden workers will find out who is going over the next 30 days |
Ball bearing firm Barden Corporation is shedding about 40 of its 430 employees in Plymouth.
The German-owned firm, which has been in Plymouth for 26 years, is blaming the "difficult global economic climate" for a fall in demand.
The firm produces about 1,000 different types of bearings, from ceramic bearings in dentists' drills to aerospace bearings.
The company said it was making a 10% cut in employees with "sincere regret".
'Embrace change'
There will be a 30-day consultation period with workers.
Managing director Graham Stirling said in a statement: "Whilst the potential job losses are saddening for Barden, the company believes it is well positioned to take advantage of any upturn in economic activity.
"Barden has a well trained and highly skilled workforce, well placed to compete in this difficult climate.
"We will come through this challenge, but it will require us all to embrace change." |