L&G to Shut Modular Housing Factory in Selby, 450 Jobs at Risk, Sky News Reports
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Dow Jones
-- Legal & General Group is expected to shut its modular housing factory in Selby, Yorkshire, and cut 450 jobs following years of weak demand, Sky News reports citing unnamed sources.
-- The unit failed to deliver sufficient orders to become profitable and significantly underperformed expectations given the Covid19-related issues and planning delays, Sky News reports.
Full story: https://bit.ly/44vgW7a
Write to Michael Susin at michael.susin@wsj.com
(END) Dow Jones Newswires
May 04, 2023 08:43 ET (12:43 GMT)
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