Nottinghamshire Rolls Royce supply chain redundancies ‘nasty shock’ to local economy
- Monday 15 June 2020
Job losses at Turbine Surface Technologies Ltd (TSTL) in Annesley, Nottinghamshire, are a ‘nasty shock’ to the local economy, Unite, the UK and Ireland’s largest union, said today (Monday 15 June).
TSTL, which employs about 600 people and produces coatings for Rolls Royce gas turbine components, has announced 106 redundancies across its operations.
Unite said it had secured a ‘generous’ voluntary redundancy package and is working with the company to minimise compulsory job losses.
The union warned that small and medium enterprises (SMEs) in the aerospace sector, which employs nearly 26,000 people in the East Midlands, are at risk of ‘falling like dominos’ without government intervention.
This could lead to aerospace supply chains shifting to countries where state support for manufacturing is being provided, such as France, Unite said.
Unite regional coordinating officer Shaun Lee said: “The redundancies at TSTL are linked to the impact of the coronavirus and the reduction in demand from Rolls Royce. They have come as a nasty shock to the workforce and the local economy.
“Unite has secured a generous voluntary redundancy package and will be providing support to our members during this difficult time. We are working with the company to minimise compulsory job losses.
“TSTL was expanding and growing its workforce prior to March of this year. Without government support for the survival and recovery of the aerospace industry, SMEs like TSTL are at risk of falling like dominos. Aerospace supply chains are in danger of moving to countries like France, which is openly supporting its aerospace and manufacturing industries.”
For media enquires ONLY contact Unite communications officer Ryan Fletcher on 07849 090215.
Email: [email protected]
Unite is Britain and Ireland’s largest union with members working across all sectors of the economy. The general secretary is Len McCluskey.