The Independent
UK · 1 hrs ago
✦ 78◉ Centre
Manufacturer Victrex to axe 10th of jobs after plunging to loss
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Accuracy 78/100
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◉ Centre ✓ Fair headline
Victrex, a manufacturer, is eliminating approximately 10% of its workforce in Q3 2026 following a shift into operating losses, with cuts concentrated in back-office operations rather than customer-facing departments.
Manufacturer Victrex to axe 10th of jobs after plunging to loss
It will cut the jobs in the third quarter of 2026 as a result, primarily in central operations rather than customer-facing roles.
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