Financial Times FT.com

Fairline shortens work week to save jobs

By Andrew Taylor, Employment Correspondent

Published: November 11 2008 02:27 | Last updated: November 11 2008 02:27

Luxury boat builders have become the latest industry to succumb to the effects of the financial crisis, with even well-off customers starting to feel the pinch.

Fairline Boats, which makes yachts and motor cruisers costing up to £2m ($3m, €2.4m) is moving some production lines on to a two- and three-day week in the run-up to Christmas, it said on Monday.

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