job

120 Jobs gone.
I feel like Job at the moment.
He had a good ending though!
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Last Update: Monday, February 6, 2006. 8:24pm (AEDT)
Nylex axes 120 jobs with plant closure
Manufacturer Nylex says it has to shut down a plant in south-east Melbourne because the facility is more than 60-years-old and uncompetitive.

Nylex's industrial products plant in Mentone will close next month causing the loss of 120 jobs.

Several employees are likely to be relocated to the company's other plants in Victoria but most will receive redundancies.

Head of Nylex industrial products Mark Stevens says production at the Mentone plant will be outsourced, mainly to Malaysia.

"I don't think we are sending jobs offshore, we are actually using available capacity offshore and giving our shareholders a return, through improved earnings," he said.

"If we don't do this, then the business will die."

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