ROADSIDE repair operator the AA is to shed 100 more jobs as a result of being left with a mountain of debt by private equity asset-strippers.
The AA was left with £2.7 billion of debt after being run by private equity group Acromas.
Staff were told in November to expect redundancies and jobs have been shed. The organisation is expected to be offered to franchise bidders.
The AA has now announced that a further 100 management jobs are to go and the organisation’s national training centre at Melton Mowbray in Leicestershire is to close.
AA workers’ union GMB regional officer Paul Grafton said: “The closure of national training centre will reduce structured training and, in the end, in our view impact on quality of service delivered by the patrol force.
“All these cuts are a direct result of the unsustainable levels of debt left by the previous private equity owners.”
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