THE NETHERLANDS: Orthopaedic Shoe Maker CSO Cuts Workforce
Orthopaedic shoe manufacturer CSO is to make 11 of its 33 workers redundant as it struggles to compete with low labour cost countries.
Orthopaedic shoe firms are increasingly outsourcing manufacturing to low-cost countries such as India, Portugal and Egypt the company says.
It also points to the fact that people seem to be wearing their shoes for longer, with average wear-time having risen from 12 months to 15 months.
CSO makes up to 7,500 pairs of shoes per year.
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