The company is undergoing a restructuring process
An online car retailer looks set to close down its Long Bennington site, affecting up to 300 jobs, as the business faces dramatic drops in value.
The site is thought to employ around 250-300 workers in Long Bennington, between Newark and Grantham, but as Cazoo seeks to reduce losses from the company, it is likely that preparation sites will be closed to keep costs down.that staff were promised a pay rise after recent discussions with bosses suggested that the business was performing well.
An “emergency meeting” was held for workers at the Long Bennington preparation site, where staff were reportedly told to “down tools and go home.” “There are very few jobs going and we are in a cost of living crisis. I have a wife and three kids, we have a mortgage to pay. Many of the workers are older and approaching retirement.
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