Safestyle UK, a company headquartered in Bradford, is set to be wound down, resulting in immediate redundancy for 680 staff and an additional 70 job losses. The company entered administration after prospective buyers withdrew their interest, following a reported loss of £6m before taxation. CEO Rob Neale had previously expressed confidence in the business's recovery potential. The closure has left workers devastated, with uncertainty surrounding their paychecks and the impact on the Barnsley community.
The Bradford-headquartered company is to be wound down, with 680 staff made redundant immediately and a further 70 set to lose their jobs after assisting with the closure process for the business. The company, which also had a manufacturing centre in Barnsley , was placed into administration yesterday after it announced on Friday night that it was no longer able to trade as a going concern following prospective buyers withdrawing their interest.
'More than 600 workers have been cruelly cut off from work, weeks before Christmas, with no guarantee that they will even get last week's pay-check. “The impact of this closure upon the community of Barnsley cannot be overstated. It is simply devastating. We need urgent answers on where the money has gone.
Safestyle UK Closure Job Losses Administration Redundancy Loss CEO Workers Paychecks Community Barnsley
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