27/10/2016

Economy Minister Raises Serious Concerns Over WiggleCRC Job Losses

The Economy Minister has raised serious concerns over the potential job losses at WiggleCRC.

Around 300 jobs are at risk at its warehouses in Doagh, Carrickfergus and Ballyclare after Wiggle took over Chain Reaction Cycles earlier this year.

The company employs a total of over 600 people in County Antrim.

Minister Simon Hamilton said: "This is a deeply worrying time for staff at Wiggle CRC in Northern Ireland. They are foremost in my thoughts.

"Chain Reaction was a highly successful homegrown firm. It's success led to the Wiggle investment. Whilst my officials are already in contact with the company, I will engage with Wiggle management at the earliest opportunity to explore ways of retaining as many jobs as possible."

(BL/CD)

Related Northern Ireland Business News Stories
Click here for the latest headlines.

08 November 2001
Rodgers expresses concern at job losses in Lurgan
SDLP MLA for Upper Bann and Minister for Agriculture Brid Rodgers has expressed concern at the announcement of job losses at carpet tile manufacturers Interface Europe based in Lurgan.
14 September 2012
Large Scale Job Losses Is 'Major Blow'
Enterprise Minister Arlene Foster said today that the potential large-scale job losses announced by FG Wilson is a major blow to the Northern Ireland economy. The Minister said: "This is devastating news for the hundreds of families who will be affected, particularly when so many people are already struggling in this difficult economic climate.
15 April 2013
NI Firms More Optimistic On Job Creation Over The Next Year
The Barclays Job Creation Survey 2013, which questioned over 700 UK businesses, has revealed that Northern Ireland business executives have a growing optimism around private sector job growth in 2013.
07 October 2011
Yeovil AgustaWestland Jobs To Go
News of major job losses in the aerospace industry has prompted an MP to slam plans to cut up to 375 jobs at not only AgustaWestland's Yeovil business, but also at other UK sites.
04 July 2002
US merger threatens Irish jobs
US computer manufacturer Hewlett-Packard has announced plans to cut almost 6,000 jobs throughout Europe as part of a restructuring plan which could put thousands of Irish jobs in peril. Hewlett Packard has said that the move forms part of its plan to reduce its worldwide workforce by 10% by the end of 2003.