COVID-19: SUNSEEKER LAY-OFF FOR TWO MONTHS
HOMENEWSBOATBUILDINGBOATBUILDINGCOVID-19: SUNSEEKER LAY-OFF FOR TWO MONTHS
23 Mar 2020
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Sunseeker is reducing salaries in response to the COVID-19 crisis Photo: Sunseeker
INDUSTRY DATABASE
SUNSEEKER INTERNATIONAL BOATS LTD
Sunseeker is implementing a lay-off period and salary reductions for up to two months in response to the deepening COVID-19 crisis.
In a statement issued on 23 March, chief executive Andrea Frabetti said it was imperative that companies adapt to maintain business and employees and to support the UK economy.
Temporary measures
“We regret to say that we need to consider reducing our workforce,” he said. “In an effort to avoid any compulsory redundancies however, we have taken the decision to enforce two temporary measures; lay off periods and salary reductions for a period of up to two months.
“We are confident that these measures will help to mitigate the current and potential challenges our business will face over the coming weeks. We are now commencing a formal consultation process with our employee representatives to consider further proposals. This consultation process will last for a minimum of 45 days.
“This has been an incredibly difficult decision for us to make, but we have a duty to all of our employees to take any action that ensures our business is protected in the longer term. Please be assured that full support will be provided to all employees affected throughout the consultation process.”
It is believed that Sunseeker will be donating a supply of personal protective equipment to the NHS.
via Boating Business | COVID-19: Sunseeker lay-off for two months.