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Triumph slashes jobs to cut costs

Triumph, the lingerie firm, is to restructure its Swindon office leaving 65 jobs out of 238 at risk of redundancy, as it looks to cut costs in the tough trading climate.

Triumph said it would shortly begin a 30 day consultation period with affected employees who work in shipping and packing at the company’s Swindon facility.

A Triumph spokeswoman said: “Work relating to the shipping and packing of the company’s private label products that is currently carried out at Triumph’s Swindon facility is likely to be performed by the company’s other manufacturing sites directly. Up to 65 jobs are at risk as a result.”

The lingerie firm said it had been affected by the global recession and general downturn in consumer demand and as a result said it needed to improve its distribution network to optimise customer service and reduce lead times.

The spokeswoman added: “The company deeply regrets that any job losses are necessary, but is making every possible effort to ensure that all affected employees are being treated fairly and with respect for their contributions to the company.”

The company employs a total of 238 people at the Swindon site.

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