Connect with us

Bussiness

Johnstons of Elgin to trim 60 jobs at Highland base

Published

on

Johnstons of Elgin to trim 60 jobs at Highland base

Hello and welcome to our daily digest of business, financial and economic news from around Scotland.

Johnstons of Elgin said business had slowed in some markets overseas

ALAMY

1. Johnstons of Elgin is proposing to cut 60 jobs at its manufacturing base in the Highlands. The luxury textiles group said sales had slowed in some overseas markets.

It employs about 750 staff at its Moray operation with management due to meet representatives from Unite next week.

A spokesman for Johnstons of Elgin said “global uncertainty and changes in consumer behaviour” would mean sales this year would be lower than the £100 million it expected to post for 2023.

It has no plans to cut jobs at its other mill in Hawick

It has no plans to cut jobs at its other mill in Hawick

JOHNSTONS OF ELGIN CASHMERE

The company believes those weaknesses are likely to continue into next year although it has no plans to cut jobs at its other mill in Hawick in the Scottish

Continue Reading