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Ferguson shipyard to cut a quarter of its workforce

Ferguson shipyard to cut a quarter of its workforce

Summary

Scotland’s state-owned Ferguson Marine shipyard will cut nearly a quarter of its workers while waiting for new shipbuilding contracts. The shipyard recently finished work on two delayed ferries and is waiting for government approval of future orders before starting new projects.

Key Facts

  • Ferguson Marine employs 283 people, including 34 apprentices.
  • The shipyard plans to reduce staff by about 70 through voluntary redundancy.
  • It recently completed two CalMac ferries, with the second due for completion by the end of 2026.
  • New contracts for four smaller vessels have been promised by the Scottish government but are still under government review.
  • Ferguson Marine was nationalised in 2019 after disputes over costs related to the delayed ferries.
  • The yard has no confirmed future orders and faces a pause in work after completing the current ferries.
  • The Scottish government is conducting "due diligence" before awarding new contracts.
  • The workforce reduction aims to keep the yard competitive and ready for future projects.
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