Grafton to shed 1,000 jobs in huge shake-up

Building materials and DIY group Grafton is to shed up to 1,000 jobs - 8 per cent of its workforce - this year in response to collapsing housing markets in Ireland and Britain.

6th September, 2008

Building materials and DIY group Grafton is to shed up to 1,000 jobs - 8 per cent of its workforce - this year in response to collapsing housing markets in Ireland and Britain.

The group, whose businesses include DIY chains Woodies and Atlantic Homecare and builders merchants Chadwicks and Heiton Buckley, has already reduced staff headcount by 600 this year and will seek further cuts in staffing over the remainder of 2008.

The cuts are expected to be broadly...

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