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Jobs axed at frozen food factory Jobs axed at frozen food factory
(39 minutes later)
More than 350 people will be made redundant at a frozen food factory on Tyneside, administrators have said.More than 350 people will be made redundant at a frozen food factory on Tyneside, administrators have said.
Newcastle Production, which runs Findus Food factory in Longbenton, announced it had major cash flow problems only a week after it was gutted by a blaze.Newcastle Production, which runs Findus Food factory in Longbenton, announced it had major cash flow problems only a week after it was gutted by a blaze.
Administrators, Zolfo Cropper, said that redundancies had to be made because of the amount of damage caused by the fire. Administrators, Zolfo Copper, said that redundancies had to be made because of the amount of damage caused by the fire.
A task force has been set up to help those affacted find new jobs.A task force has been set up to help those affacted find new jobs.
The GMB union said it was devastating news and families would struggle.The GMB union said it was devastating news and families would struggle.
Organiser Chris Preston said: "GMB members who are losing their jobs are victims of the private equity craze and the credit crunch that resulted from irresponsibility in the financial markets."Organiser Chris Preston said: "GMB members who are losing their jobs are victims of the private equity craze and the credit crunch that resulted from irresponsibility in the financial markets."
'Future options''Future options'
Simon Wilson, partner at Zolfo Cropper, said that they still hoped to sell the company.Simon Wilson, partner at Zolfo Cropper, said that they still hoped to sell the company.
A response group has been set up by North Tyneside Council to lead efforts to support the 359 made redundant.A response group has been set up by North Tyneside Council to lead efforts to support the 359 made redundant.
It will include regeneration agency One NorthEast, Jobcentre Plus and Business and Enterprise North East.It will include regeneration agency One NorthEast, Jobcentre Plus and Business and Enterprise North East.
All staff affected by the announcement are to be invited to a meeting at the factory on January 22 to be briefed by the response team.All staff affected by the announcement are to be invited to a meeting at the factory on January 22 to be briefed by the response team.
Elected Mayor John Harrison said: "This is a disappointing announcement for the staff of Findus and the wider community.Elected Mayor John Harrison said: "This is a disappointing announcement for the staff of Findus and the wider community.
"As a council, we have established a response group to both explore future options for this important business and to ensure that all those affected by the company's administration are given as much support as possible.""As a council, we have established a response group to both explore future options for this important business and to ensure that all those affected by the company's administration are given as much support as possible."
The factory produced a range of frozen food products under the Findus brand, including crispy pancakes, ready meals and fish fingers.The factory produced a range of frozen food products under the Findus brand, including crispy pancakes, ready meals and fish fingers.