Pay freeze and job cuts at Musgrave

MUSGRAVE is cutting staff and imposing a pay freeze to cope with tough trading conditions.

The Cork headquartered retail and food service group informed staff yesterday that it is looking for 20 forced redundancies, asking some employees to take a pay freeze and will not be renewing contracts for all temporary workers.

The company plans to meet with staff again in four to six weeks to give a further update on any more plans they intend to implement in order to cope with the downturn.