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Old Sep 11, 2005 | 10:43 am
  #471  
ian001
 
Join Date: Oct 2004
Location: New York
Programs: BA, LH, VS, Hyatt, SPG
Posts: 3,813
700 apply for voluntary redundancy at GG
BBC News reports that 700 staff have applied for voluntary redundancy at GG.

http://news.bbc.co.uk/1/hi/business/4235618.stm

The last sentence of the report is rather worrying:

"Gate Gourmet has been told by its creditors that it has until next Monday to meet their demands or its assets will be seized."
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