CapQuest to close offices -affecting 100 jobs in Twickenham & South Africa

[citizenB]

Debt purchaser Capquest has announced plans to close its offices in Twickenham and Cape Town, South Africa, in a move that will affect 100 jobs.

 

The business also has 87 staff in Cape Town, 100 in Glasgow and 250 in Fleet. The Glasgow and Fleet sites remain unaffected. Job losses are expected to occur largely through call centre and back-office roles.

 

Read more : http://www.credittoday.co.uk/article/14530/online-news/debt-buyers-office-closures-to-affect-100-jobs-

[ScarletPimpernel]

Excellent news. I hope that I have, in some small way, contributed.

[huggy41]

Excellent news. I hope that I have, in some small way, contributed.

[PGH7447]

hope their staff in twickers dont have any debts that they will soon find hard to pay, due to lifes unexpected suprises, could be that there mate on the next threat desk is suddenly not their mate anymore - LOL

[up2meears]

Read more : http://www.credittoday.co.uk/article/14530/online-news/debt-buyers-office-closures-to-affect-100-jobs-

 

Heartbreaking stuff :|:lol:

 

What sad news that these hardworking people who do such a great service will be losing their jobs, especially the Twick ones. :sad::sad: Wonder if they'll join CAG when they start being hounded by their colleagues??

 

 

 

Up2

[Asbestross]

Such tragic news

 

But on a personal, more selfish note: I wonder how this will affect my complaint I currently have with the FOS regarding CQ, and the court process currently underway

[babydoll0141917]

Very Sad news ..and who knows we end up helping some of Capquests Unemployed and in Debt on CAG

[citizenB]

I thought this would attract more attention than it has !

[Bombaymix]

I'm absolutely heartbroken

 

Whilst nobody losing their job before Christmas is nice. Hopefully some of these phone drones can move into a different line of work and put their "skills" to better use.

[everton2005]

serves there right give me enough grief:lol:

[BRIGADIER2JCS]

They are only doin this to grow elsewhere!!!!

[intend]

On balance would tend to agree with the Brig. Not sure will change very much for those in hardship

[BRIGADIER2JCS]

The loss of satellite offices will have no impact on the day to day running of their business.

[Zonker]

*rough translation* these offices arnt making as much as we hoped close them.

[BRIGADIER2JCS]

yep!!!

[sameagle]

I wonder if the "£3 billion of debt under management", includes all the SB'd, no CCA's, and other unrecoverable junk, added into the total, simply to make it look - erm, what's the word, [good, bad, impressive]?

 

I realise that debt collectors have debt, it's their stock in trade, but if I had a business that had £3 billion of the stuff, and I was getting rid of staff, instead of them setting about collecting my money, I'd keep quiet about it!

 

Sam

Edited November 8, 2012 by sameagle
added 's to what in line 2.

[BRIGADIER2JCS]

it's two very minor offices, inconsequential imo.