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Sunseeker insists it ‘deeply values’ workforce despite temporary layoffs

Luxury yacht maker Sunseeker faces criticism after announcing temporary layoffs for early 2025, citing supply chain disruption. Discover how the firm is supporting affected staff and its response to “Scrooge-like” accusations.

sunseeker insists it ‘deeply values’ workforce despite temporary layoffs
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The move, prompted by what Sunseeker describes as “cash-flow challenges” linked to supply chain disruption, has drawn criticism from Unite the Union and local MP Neil Duncan-Jordan, who labelled the timing “outrageous”. However, Sunseeker says it aims to “minimise” the impact on affected employees, pledging a review of the layoffs on 2 January.

In a statement, the Dorset-based company, which employs about 2,000 staff, said: “Due to restrictions in its supply chain which have heightened during December, Sunseeker has had to make the decision to implement temporary layoffs for a limited number of employees within production operations. This decision is focused on ensuring the long-term viability of operations and does not reflect on employee performance or contributions.”

Unite the Union described the move as “Scrooge-like” and “abhorrent”. Sunseeker, however, says affected employees will receive statutory payment or the option to use their paid holiday entitlement. It also confirmed that staff continuity of service will be preserved, alongside other non-monetary benefits.

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Sunseeker changed ownership earlier this year when it was acquired by Orienta Capital Partners and Lionheart Capital for an undisclosed amount. Despite the temporary measure, the company insists it remains committed to supporting its workforce and will keep the situation under review.

Jamie Young
About the author

Jamie Young

Jamie Young is Senior Reporter at Business Matters, covering SME finance, employment law and Westminster policy since 2016. He has reported on every Budget and Autumn Statement since 2018, helped make sense of the 'covid era' and the bounce-back loan scheme from launch through the fraud investigations, and broke the magazine's coverage of the 2024 late-payment reforms. He joined Business Matters straight from completing his BA in Administration from Exeter University and is NCTJ-qualified. Reach him at jyoung@cbmeg.co.uk

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