Your Friday Daily News Digest

by Mark Zalewski

October 28, 2016

In today’s CyclingTips Daily News Digest: Mohoric moves close to Tour of Hainan lead with stage win; Bora-Hansgrohe manager Denk celebrating Sagan’s new rainbow jersey; Team Sky solidifying 2017 squad with Viviani, Rosa and Elissonde; Joaquím Rodríguez not satisfied with ending career now; Quick-Step takes over name sponsorship of team in 2017; Gold medals stolen from Paralympian Carol Cook; Stig Broeckx showing positive signs in recovery; Neutral service driver fined 150 Euro for crash with Jesse Sergent; Nearly 300 layoffs possible at WiggleCRC Northern Ireland operations; SRAM making advances in minimum advertised pricing policies; Challenged Athlete Foundation escort cyclist hit by truck driver; USADA gives Colombian Camilo Ulloa a four-year ban for doping positive; British amateur handed four-year anti-doping ban; Lance Armstrong, the rock opera-musical; 1974 Montreal World Championship.

Nearly 300 layoffs possible at WiggleCRC Northern Ireland operations

by Mark Zalewski

Earlier this year the number one online retailer Wiggle bought its main rival Chain Reaction Cycles, a Northern Ireland company, to create a new company called WiggleCRC. Only a few months after the merger was completed the new company is planning to reduce its workforce in Northern Ireland and center its global operations in Wolverhampton, England. This move has angered local officials in Northern Ireland, with MP Sammy Wilson going so far to call the move a “betrayal.”

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“For WiggleCRC to retain its position and remain competitive in the UK as well as increasingly global markets, we have concluded that this can be best achieved by concentrating the majority of our distribution through our warehouse facility in Wolverhampton,” a company statement said. “This necessary step, will require the relocation of significant warehouse activities currently in Doagh, Carrickfergus and Ballyclare.”

This means that nearly 300 people in Northern Ireland are at risk of losing their jobs early next year, though the company said at least 275 employees there will remain unaffected.

“The weasel words about creating an even more ‘compelling customer proposition’, extending its product range and being ‘better placed to compete in the global market’ gave the impression that, if anything, the firm would be expanding in Northern Ireland,” said Wilson.

“Clearly the most important asset which Chain Reaction had was its customer base which Wiggle wanted to benefit from. This asset could be used anywhere and the physical assets such as the warehouses were disposable.”

Click through to read more at the Belfast Telegraph.

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