JANUARY 23, 2002

Reynard cuts 50 more staff

REYNARD has announced 50 more redundancies to add to other jobs lost in the course of the last 12 months. The company says that this is due to "a downturn in demand for its products and services, particularly in the USA".

Adrian Reynard, who is now back in charge of the company, says that his commitment to the company that bears his name has never been stronger. The company recently lost its ace salesman Rick Gorne to rival Lola.

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