Raleigh set for restructure and job cuts
November 9, 2023
British cycling brand Raleigh has announced that it will be making job cuts alongside an internal restructuring. Attributing the changes to a challenging market, the company will be shutting down its parts and accessories department as well as outsourcing its warehousing and logistics.
In an interview with ITV, a spokesperson for Raleigh’s parent company, Accell, revealed that formal talks had begun to discuss the specifics of the restructure, redundancies, and the relocation.
Although unclear on the exact details, Accell has reiterated that the brand will remain based in Nottinghamshire, where it has been since it was founded in 1885. GCN