Comet owner to axe 450 jobs
THE new owner of struggling electricals chain Comet is poised to cut 450 jobs in a drive for the “significant savings” needed to safeguard its future.
Buyout firm OpCapita, which last week bought the business for a token £2, wants to scale back its in-house repairs service.
The plan, part of a wider strategic review, is expected to result in job losses for engineers and a third of the 414-strong workforce at a calls and administration centre near Bristol.
** CLICK HERE TO CLAIM A FREE COPY OF ONE OF OUR MONEY & FINANCE GUIDES **
Comet has 248 shops and about 10,000 staff.