Grant Thornton Business

Drivebusiness makes 'a number of redundancies' following administration

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By The Drum Team, Editorial

October 4, 2011 | 1 min read

Glasgow and London eCommerce agency drivebusiness has been forced to make "a number of redundancies" following its slump into administration.

The news that the company had been placed into administration had left around 100 staff fearing for their jobs.

And now a spokesperson for administrator Grant Thornton has confirmed that some staff have already faced the axe.

But they said drivebusiness would be able to continue.

The spokesperson told The Drum: "I can confirm that a number of redundancies have been made.

"I can also confirm that the administrators have secured the support of customers to enable the business to continue to trade."

The Drum understands that some staff are still waiting to be paid for September.

Drivebusiness was established in 2005 and worked with fashion brands such as AllSaints, Ted Baker and Gant.

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