Oyster Yachts, the renowned British sailing yacht manufacturer, has, according to a number of sources, entered into liquidation after announcing a record £80million-plus order book on 10 January 2018. Reportedly, the Southampton-based superyacht builder has informed all staff, some 160 individuals, that they will be losing their jobs. SuperyachtNews speaks exclusively with David Tydeman, CEO of Oyster Yachts.
“We are not in administration at the moment and we are not in liquidation,” starts Tydeman. “Yesterday, however, we did start a consultation with all staff about potential redundancy, because we do not have the means to pay them at the moment.” Read more.