According to a statement released by the company yesterday, the move is designed to reduce its cost base, while, at the same time, improve its business processes and bring a clearly defined focus to both the forklift and container handling segments.
Linde said that it had been evaluating the current company structure since January. “During this same period we have seen our market soften and witnessed a significant weakening of the Euro against Sterling,” the statement added.
Moves will be made to redeploy affected staff within the business, where possible, and seek alternatives to redundancy with the company providing help and assistance with job search activities.
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