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Jobs under threat at building firm
Tuesday November 6th 2012
Hundreds of jobs could be cut due to "asset stripping" at construction materials company Tarmac, a major union has claimed.
According to the GMB union, as many as 500 jobs are in danger of being cut at the Wolverhampton company under a proposed joint venture with French firm Lafarge.
GMB national officer, Allan Black, said: "This is the direct consequence of the coming together of Tarmac and Lafarge. Although change is inevitable, the potential loss of 500 jobs in Wolverhampton is an unacceptable by-product.
"We ask Tarmac and Lafarge to reconsider this decision which looks to be driven by asset stripping rather than any other grounds."
Chief executive of Tarmac, Terry Last, said: "We are currently consulting with employees on how the Tarmac/Lafarge joint venture will be structured once the regulatory process is complete.
"It would be inappropriate to comment publicly while these conversations with employees are still ongoing."
Copyright Press Association 2012
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