“We have a business need to become more efficient and reduce operational costs due to continued loss-making because of demand reduction”: Redundancies loom at struggling acoustic firm Lowden

Lowden Guitars founder George Lowden with Ed in Country Down, Ireland.

Worrying news from Northern Ireland where it appears – according to reports in the Belfast Telegraph – that Lowden Guitars is struggling financially and is preparing to lay off staff.

According to the Telegraph: “Sources close to staff at George Lowden Guitars Ltd told Belfast Telegraph some employees have been informed their jobs are at risk because of ongoing losses due to a decline in demand.”