The pro audio company (formerly Music Group) is about to enter into a process of ‘collective consultation’ with all affected employees. In the event that the redundancies are confirmed following the consultation, the Coatbridge facility would cease operations completely. This would see Tannoy loudspeaker production transferred to MUSIC’s new three million square-foot manufacturing plant in Zhongshan, China, with its research and development and marketing activities being relocated to its Innovation centre in Manchester, UK.
The following announcement was made to employees today by SVP, lifestyle and Home, Peter Sommer: “Following an extensive evaluation of our operational and financial structure, we have taken the difficult decision to propose that the staff in our Tannoy manufacturing and office facility in Coatbridge are dismissed as redundant, which, if confirmed would see the facility closed. Whilst this is a challenging time, I would like to thank our Tannoy employees for their immense dedication and loyalty over the years, which I feel confident, will not be diminished even as we approach the forthcoming period of collective consultation.”