Two hundred job cuts at luxury yacht firm

A luxury yacht company has announced 200 redundancies.

Sunseeker International, based in Poole, Dorset, said support, leadership and management roles - about 10% of its workforce - would "regrettably" be affected by a restructuring programme.

It blamed "softening in global demand" following "political and economic uncertainties".

In December, the company announced 91 staff would be temporarily laid off due to "restrictions in the supply chain".

In a statement, Sunseeker International said its review would "better align our resources and enhance overall efficiency".

It continued: "The proposed restructure is part of our efforts to streamline operations and focus resources where they will have the greatest strategic impact."

"The changes are intended to reduce costs, as well as support long-term sustainability and growth.

The firm said it would focus on fulfilling its global order book and developing new models in its superyacht range.

The company employs 2,150 people in Dorset.

Chief executive Andrea Frabetti said: "I want to reassure our people, our partners and the wider community that Sunseeker remains deeply committed to manufacturing in Poole and Portland.

"These sites are, and will continue to be, at the heart of our operations as we evolve for the future."

A formal consultation with workers affected is set to begin.

Shortly before Christmas, the company said 91 of its employees would continue to be laid off until 27 January, and be paid 50% of their hourly rate during their layoff period.

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