1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Tiny PCs goes into administration

Discussion in 'Serious' started by cpu121, 27 Jul 2005.

Thread Status:
Not open for further replies.
  1. cpu121

    cpu121 What's a Dremel?

    Joined:
    25 Nov 2003
    Posts:
    327
    Likes Received:
    0
    About 1,500 jobs will go after the UK's largest computer maker, which produces Tiny and Time PCs, has gone into administration and closed its 78 shops.

    "The Group has fallen victim to the continued price deflation in the personal computer market," said the administrators Grant Thornton UK LLP.

    All directors except the non-executive chairman of Granville Technology Group have left.

    The GMB unions has sought urgent talks after the firm began laying off staff.

    "The GMB has been aware of the problem for the past 10 days because our members have been asked to take holidays or not get paid," said GMB official Graham Coxon.

    There are over two million Tiny and Time computers in schools and homes around the UK, and the PCs are widely available for sale in stores such as Tesco, Asda and Woolworths.


    http://news.bbc.co.uk/1/hi/business/4719833.stm

    Shame for their customers but I doubt anyone else will mind the demise of Tiny/Time's poor PCs.
     
  2. edz

    edz What's a Dremel?

    Joined:
    18 Aug 2003
    Posts:
    75
    Likes Received:
    0
    They going to have any stock clearances?
     
  3. MrWillyWonka

    MrWillyWonka Chocolate computers galore!

    Joined:
    25 Jul 2004
    Posts:
    5,892
    Likes Received:
    12
  4. lord nicon21

    lord nicon21 sexy *******

    Joined:
    29 Sep 2003
    Posts:
    1,150
    Likes Received:
    0

    don't know would it will need to be cheep as the only people who buy them are people who don't know what a comuter is and the sales man said it would help them live there lives.
     
  5. cpemma

    cpemma Ecky thump

    Joined:
    27 Nov 2001
    Posts:
    12,328
    Likes Received:
    55
Thread Status:
Not open for further replies.

Share This Page