Just over a year ago zeda went into Voluntary Creditor Liquidation at the end of January and throughout February we (ex-staff & industry media) speculated on the future of MidlandHR, also part of the Ancaster Group holdings owned by John Mills.
Well, the wait is over and the sad news is that during the past week MidlandHR told at least 9 of their staff that in order to maintain company profit margins they had been selected for redundancy. Some of these people are former colleagues of mine from my time with the company. Some have years of service within the group, while one had only started with Midland 2 weeks previous.
Will this be enough to keep Mr Mills in the lifestyle that he craves or is this just the start and will we now see redundancies at ABM-UK as well? One thing is certain, those shown the door this past week will find it tough getting another job in the current economic climate.
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