Workforce slimmed down as boatbuilder invests in technology
Discovery Yachts has cut its peak-time workforce by a quarter as it scales down after a bumper September.
The boatbuilder says the departure of the 28 workers from the company is because of the ‘natural peaks and troughs of the boatbuilding cycle’.
20 people have come to the end of fixed-term contracts, with eight permanent staff members let go.
The British manufacturer constructs about 10 yachts a year, but delivered three new boats in a busy September.
Meanwhile, it has invested £150,000 in a new computerised milling machine, which it says will increase speed and efficiency.
Managing director Nigel Stuart said: ‘Our significant investment in this state-of-the-art five-axis equipment during these uncertain economic times confirms our commitment to driving business and ensuring growth through innovation and investment.
‘This investment will ensure that we can offer our discerning clients the highest quality in-house joinery together with the opportunity for unique and personal designs to be incorporated into the build of their yachts.’
Seventy staff are still employed by the Marchwood firm, which currently has four 55-foot boats (pictured) in production.