Ravensby Glass, a prominent glass manufacturer based in Dundee, has commenced redundancy consultations with its workforce, signalling potential job losses at the company.
The firm, which has been operating for over 30 years, specialises in the production of insulated glass units for windows and doors.
The company’s decision to enter into redundancy talks comes as a result of mounting financial difficulties. Ravensby Glass has been grappling with significant challenges in recent times, including:
- Rising energy costs: The surge in energy prices has severely impacted the company’s operational expenses.
- Increased raw material costs: The firm has faced higher expenses for essential materials used in glass production.
- Market competition: Intense competition within the industry has put additional pressure on the company’s financial stability.
While the exact number of potential job losses remains unclear, the redundancy consultation process is expected to affect a substantial portion of Ravensby Glass’s employees. The company currently employs approximately 120 workers at its Dundee facility.
Unite the Union has confirmed its involvement in the redundancy consultation process. The union is actively engaged in discussions with Ravensby Glass management to explore all possible options for minimising job losses and supporting affected employees.
As the redundancy consultation unfolds, the future of Ravensby Glass and its workforce hangs in the balance.
The company’s management, along with union representatives, will be working to navigate this challenging period and determine the best course of action for both the business and its employees.
The outcome of these consultations will likely have significant implications for the local economy in Dundee and the wider Scottish glass manufacturing industry.