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Monday 7th January 2008
Financial turmoil continues at Evesham 6:25PM, Monday 7th January 2008
Between 30 and 40 staff are being laid off at Evesham, as financial turmoil continues to shake the company.

Conflicting reports are emerging about the fate of the company, with some news sites reporting that the company has gone into administration. However, a statement from the company claims it is still operating.

"Evesham Micros trading as Evesham Technology is still in business. The period of the staff being retained by the Administrators
 
 
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has now come to an end and Evesham Technology will now move to a direct employment basis. We are looking forward to the next phase in ensuring that Evesham Technology remains as one of the UK's specialist Consumer Electronics and IT manufacturers."

The statement goes on to explain that 80 members of staff will remain on board with the company.

Evesham went into administration in August of last year, but was saved by a £10 million investment from Time Computers founder, Tahir Mohsan.

PC Pro will be reporting direct from CES 2008 in Las Vegas all this week, bringing you interviews, breaking news and all the new technology you could hope for. You can find the latest coverage at our CES homepage.

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