Redundancies likely at Healthspan

Friday 28 October 2022

Healthspan has confirmed that consultations are ongoing with staff in Guernsey who have been offered the possibility of voluntary redundancies.

Answering questions from Express, Martin Talbot, CEO of Healthspan, said: "We can acknowledge that we have embarked on a consultation process with staff.

“The consultation process can be considered as notification of potential redundancies, but the purpose of the consultation is to explore alternatives, including the possibility of voluntary redundancies. 

“We have no further information to share currently.”

The business, which was established in 1996 by Derek Coates, employs approximately 100 staff across an office and retail units in Guernsey. 

It is not clear how many jobs could be at risk, which departments could see personnel losses, or why redundancies are being considered.

Healthspan was purchased by Norwegian supplement giant Orkla Health for £65m earlier this year. 

This followed the death of Mr Coates in August 2020. After that time his businesses were all initially run by members of his family and long-standing employees of his. 

Following the purchase of Healthspan earlier in 2022, Mr Talbot indicated that opportunities could arise to expand the workforce locally