More layoffs for Riviera

10:07 AM Wed 28 Jan 2009 GMT

'The giant production facility and marina of The Riviera Group, Coomera Gold Coast.' Riviera Click Here to view large photo

Blaming restrictive economic conditions, Riviera has sacked another 117 staff today, halving its Coomera-based workforce in less than a year, and also announced it would close its production line for three weeks from April 10 until May 5 in a bid to clear stock held by its 88 international dealers.

Today's sackings were across the board and included boat builders, supervisors, forklift drivers and administration staff, started early this morning and continued progressively throughout the day.

Only 650 staff remain employed with Riviera, down from the 1200 on site mid-last year.

Riviera would not comment except to release a statement saying the global financial crisis had forced the redundancies.
Have your say on the feedback form below

Riviera boat sales have dropped 30 per cent in the past 12 months.

by Media Services

Newsfeed supplied by

#News #Sailing

More layoffs for Riviera

Sports/News

Weather Forecasts & Live Reports

Buy & Sell/Classifieds