Business Standard
Thursday, May 31, 2012
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||Companies & Industry||||||| 
 Section Home | News Now | Today's Paper | Q&A | People in the News | Industry News | Features | The Compass | Research & Analysis | Opinion | Corporate Results
Home > Companies & Industry Live Markets | Commodities
 

Mallya's Whyte & Mackay to cut 85 jobs in Scotland
Prasun Sonwalkar/ PTI / London Aug 04, 2009, 21:13 IST

Recession-hit whisky major Whyte & Mackay, which was bought by Indian liquor baron Vijay Mallya in 2007, has announced plans to cut 85 jobs in Scotland.

The company has plants in the west of Scotland, Highlands and Grangemouth, but there are no plans to close any of its plants so far.

It is the second whisky major to cut jobs after drinks giant Diageo said it was cutting 900 whisky jobs recently.

Mallya bought Whyte & Mackay in a 595 million pounds deal in May 2007.

The GMB union's spokesman Harry Donaldson told BBC Radio Scotland that, it was "bitterly disappointing" news for the workforce.

He said: "I think it's time that we have a whisky summit in terms of what does this really mean for Scotland and jobs based in Scotland."

"I think we need to involve the Scotch Whisky Association, the employers themselves and the politicians - along with the trade unions."

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets end lower ahead of May F&O expiry
- Parsvnath posts Rs 23 cr loss in Q4
- Educomp net down 57% at Rs 61 cr in Jan-Mar qtr
- DLF Q4 net plunges 39% to Rs 211 cr
- Provogue Q4 net profit down 71% at Rs 1.81 cr
  Read Business news in 
- India's no. 1 Property Site. Click here to know more
- 
- "Discover The Power of One"
- Help a Child Achieve her. Click to know more
- The Best Seller is Also the No. 1 in Mileage. Click here
- Watch The Film Here. Click here to know more..
- Learn How One City is Running on FOOD SCRAPS.
- 1 billion in saving for Unilever without any tangles.
- A Brand New Server at a Price That Fits Your Budget. Click here
- One Partnership Endless Possibilities. Click here to know more
- Helping doctors detect diseases earlier, saving costs & extending lives.
- Which is the best plan for your daughter
- Check out the TRUE COLOURS of your Stocks, Now for FREE!
- One of the leading business schools in the world.Know More
- 2 Lac Apartments, 1 Lac House / Plots. Click here
Sorry, comments to this story are closed
Latest Messages
Table for Two
  Now available at Special price
  Rs.280/- Only

  Buy Now
BS POLL
UPA 2 has completed three years. How do you rate its performance?  Read the story
  Good
  Average
  Bad
Submit
Most Popular
Read
E-Mailed
Commented
   
- Dissidence brewing in state: Senior BJP leaders team up against Modi
- A burden beyond bearing
- GAIL profit dips 38% in Jan-Mar
- Accolade for accolades
- Steelcast rises on bonus issue plans
 
 More  
Tax Shastra
  Now available at Special price
  Rs. 360/- Only

  Buy Now
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World | General News
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us