Workers at Marconi Optical Components in Essex will all be offered new jobs as its factory closes.
Marconi had refused to speculate on how jobs in Chelmsford would be affected by the sell-off of its optical components arm in a £19m deal with Bookham Technology.
It was feared that the Marconi Optical Components employees, 70 of whom are based at Waterhouse Lane, in Chelmsford, would all face the axe.
But, after yesterday's consultation meeting between Marconi representatives and shop stewards, it has been announced that all the affected workers will be offered a transfer to Bookham Technology, which has a site in Oxfordshire and others around the world.
Those that do not want to go can be redeployed at Marconi Applied Technologies, also in Waterhouse Lane, which currently has 60 vacancies.
More on Business In Essex
Published Wednesday December 19, 2001
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules hereComments are closed on this article