Prax Group: job cuts
- Jobs
- Not known
- Announced
- 4 July 2025
- Status
- In administration
- Reason category
- Costs
In a letter to staff, sent shortly after administrators were appointed, Soosaipillai acknowledged that the cost of operating Prax Lindsey had become “increasingly unsustainable” and that this had spread into the rest of the group due to its divisions’ “interdependent” nature.
- Costs
- Where
- Not stated
- Source coverage
- Two or more publisher groups
- Sources
- 2 sources from 2 publisher groups.
Sources
| Publisher | Headline | Date |
|---|---|---|
| The Guardian | ‘The bubble had to burst’: the inside story of the Lindsey oil refinery collapse | 4 July 2025 |
| The Independent | Over 100 jobs to go at Lindsey oil refinery as union slams government | 30 September 2025 |
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