EMPLOYEES of James Fisher Nuclear have shared their experiences of the last day of work and the support they have received after the firm enters administration.
JFN Ltd was bought by private equity firm Rcapital in March, from the Barrow-based James Fisher & Sons.
However, administrators FTI Consulting said the company has 'insufficient cash resources to continue to trade beyond the short term' and the directors have concluded that there is 'no longer any reasonable prospect of a sale.'
The firm, which has a base in Egremont, added that it is 'hopeful' of being able to conclude a deal with the firm's instrumentation division 'within the coming days.'
Staff that worked their have shared their experiences of the last day at work, and what support they have received. One person said:
"It has meant that around 70 people [Egremont site] have been made redundant immediately but the company is insolvent so the staff iis not getting paid their salaries or redundancy pay. They met with staff at 1pm, and the offices were already locked by 3pm."
Another employee said: "The ambiguity of the situation especially surrounding pay was scary, especially as times are tough right now. There has been good support systems in place by other companies, such as Sellafield who are holding meetings, and other companies are also offering to hire people. It was still, and is still worrisome to be involved in this however."
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