A company that makes smart meters for British Gas is planning to shed 288 of 601 jobs in the plant of Greater Manchester, because of Brexit.
Landis+Gyr said the GMB of the european union may move the production from Stockport to Romania, and in Asia, because the costs are increased by 20% since the referendum in 2016.
The union said it was “an example of the pressures companies are facing due to Brexit uncertainty”.
A consultation on redundancies is expected to finish by the end of April.
Landis+Gyr wants to do 266 manual roles, 19 technical post, the two roles of managerial and professional posts redundant.
“The catastrophic news’
GMB hopes to reduce these figures.
Organiser Shaun Buckley said that the Swiss company had quoted a 20% increase in production costs, in part due to the weak performance of the pound against the euro.
To transfer production to Romania and Asia would also be a Landis+Gyr could offer to the workers a fifth of UK salaries, said.
“The decision to move the production abroad is catastrophic news for GMB members at Landis+Gyr, and their families in Stockport.
“GMB will be working tirelessly to ensure the best deal for the interested members during the consultation.”
Landis+Gyr said the consultation process would be taking the exam to optimize the cost of production in the UK with smart meters.
A spokesman said: “We place great value on our staff and are committed to conducting the consultation process in an open and collaborative fashion”.
A consultation on redundancies at the plant in Market Deeping, Peterborough.