Published on 1 - February - 2008
UPDATE: Floors-2-Go releases statementChief executive confirms staff cuts due to ‘difficult’ few months
Floors-2-Go Chief Executive Officer Roger McLaughlan has released a statement today following the announcement that the company is to implement a series of staff cuts and branch closures in the coming months.
He said: "The market has been difficult over recent months, not only for Floors-2-Go but also many of our competitors in the sector.
"Despite pushing ahead at pace with our turnaround programme, the wider retail outlook remains challenging and therefore we have taken the decision to reduce costs in order to ensure future profitability.
"Regrettably, this means that today we have had to announce redundancies in both the support office and field teams. The process of consultation has commenced and will last until around the end of February.
"Floors-2-Go has made significant progress over recent months in our attempt to get the business into better shape. I am confident that we will make further progress this year."
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