German lingerie maker Triumph International has confirmed to just-style it will cut thousands of jobs in the Philippines and Thailand, as the downturn reduces demand.

Under a new restructuring plan, the company will cease manufacturing and distribution centre operations in the Philippines, affecting 1,686 employees, and reduce manufacturing in Thailand, causing 1,930 redundancies.

In a statement emailed to just-style today (29 June), Triumph said it was affected by the global recession, and the general downturn in consumer demand and wholesale orders.

"Triumph is therefore reducing over-capacity in order to match business requirements and customer orders," the company said.

The company will retain its sales and marketing centre in the Philippines and the factory in Thailand will remain operational, it added. There are no plans of factory closures in Thailand, Vietnam or China.

Triumph added: "The company deeply regrets that any job losses are necessary, but is making every possible effort to ensure that all affected employees are being treated fairly and with respect for their contributions to the company."

By Joe Ayling, news editor.