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14:52 GMT, Thursday, 9 July 2009 15:52 UK

Electronics firm set to cut jobs

Nearly 90 members of staff at an electronics company in Swindon have been told they face losing their jobs.

Mike LeGoff, managing director of Plus Semi, has confirmed the firm is looking at between 60 and 85 redundancies.

He said the global economic downturn had affected its market and it had been on a global search for business but had been unsuccessful.

The company manufactures semi-conductors at a factory in Cheney Manor where it currently employs 115 people.

The statutory consultation period over the future of the company's manufacturing arm ends in a few weeks, with those facing redundancy expected to be out of a job by the end of August.

The news came the day after another Swindon-based firm, Triumph, announced 65 jobs were under threat at their packaging and shipping operation in the town.

Mike LeGoff, the company's managing director, said: "For the past couple of months we've been trying to find sufficient demand to continue to manufacture products in Swindon at our plant in Cheney Manor.

"It appears that owing to both the economic downturn and the fact that there's huge excess capacity in our market, the semi-conductor industry, we're unable to find sufficient demand."




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Related to this story:
Triumph staff warned of job cuts (08 Jul 09 |  Wiltshire )

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