Bandvulc Cuts 20 Jobs

Leading retread manufacturer and fleet service provider, Bandvulc is to shed about 20 jobs at its factory due to reduced commercial haulage. The company, which has contracts with most of the leading supermarket fleets and the likes of Boots and frozen food giant Yearsley Group, has previously performed well in recessions as a result of fleets trying to save money. However, this time around managing director Patrick O’Connell has highlighted the fact that “smaller local firms,” such as Bandvulc, are not benefiting from large scale Government investment.

As a result the firm has reportedly “started the process” of reducing its workforce by about 20. “Bandvulc is a family company which is owned and operates locally. It is therefore especially difficult for us to face the fact that we must reduce the number of our employees. We are acutely aware of the problem it causes those affected, but we must run a viable company which will be strong and able to capitalise on the upturn when it comes to again to create good jobs,” O’Connell told thisiscornwall.co.uk.