ONE of Thetford’s biggest employers has announced 85 jobs are to be axed over the next year.
Staff at Jeyes, based in Brunel Way, were told this week that cuts are to be made as part of a ‘major restructuring’.
The axe will mainly fall on management and clerical staff, with cuts across the Thetford and Cambridge branches.
Nicholas Goodwin, chief financial officer, said the company was aware of the impact the announcement would have.
“A full and proper consultation with our staff and with staff representatives will begin shortly and we will not reach a decision until this has concluded.
“We understand the concern that this will undoubtedly cause among our hard-working and loyal staff and the local community.
“We, like many other businesses, are facing tough economic conditions and strong competition around the world, so we have to consider some difficult options to deliver better profitability and cash generation in the future,” he said.
The firm, which produces a range of cleaning brands including Bloo, Parozone and Easy, say the cuts follow a full review of its operations which has led to it changing its ‘strategic direction’.
As part of these changes, the company will stop making a number of loss-making products, dispose of non-core businesses and streamline its supply chain, according to a statement.
The move is intended to deliver a ‘cash generative business’.
Mr Goodwin added: “Our business environment is undergoing considerable change and the full detail of how and when those circumstances may affect employees is not yet clear.
“As already noted and subject to full consultation, we intend wherever possible to transfer employees/jobs to other parties in our UK supply chain.”