Spinnova Announces Major Restructuring
In a significant move, Spinnova, the textile company, is set to cut 35 out of its 56 jobs as part of a restructuring initiative. This decision comes on the heels of disappointing business results that necessitated a rethink of their operational strategy.
Alongside the job cuts, Spinnova is also making changes to its management team. These adjustments aim to streamline operations and enhance the company’s resilience in a challenging market. The focus remains on innovation and sustainability, which are core to Spinnova’s mission in the textile industry.
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