The company announced to staff it was beginning a 90-day consultation exercise with its unions and workers.
Vion UK chairman Peter Barr said: “Every possible step has been taken to secure the future of the business but we are currently losing £79,000 per day at the site, which is clearly unsustainable.
“There is significant over-capacity in the UK meat industry and market conditions are extremely challenging.”
The latest accounts for the Vion UK companies show a significant deterioration in financial performance compared with the previous year.
Source: Vion Food UK
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