Sunseeker International, based in Poole, Dorset, on the UK south coast, has issued an update on its ongoing restructuring process and plans for large numbers of redundancies.
In June 2025, the boatbuilder announced it was making 200 redundancies — around 10 per cent of its workforce — highlighting “softening in global demand” following “political and economic uncertainties”, particularly amid the fallout of Trump’s trade tariffs.
Now, in a fresh statement issued to MIN this morning (23 September 2025), Sunseeker has confirmed that its management restructuring will create 44 new roles, while compulsory redundancies have been reduced to 50.
A company spokesperson tells MIN: “The restructuring process is still ongoing. We’re making sure we give everyone lots of time and support to decide what they’d like to do. Our previously announced restructuring plans for our management, support and leadership functions will see the creation of 44 new positions within the organisation, for which lots of people are currently applying.
“A number of colleagues have opted for voluntary redundancy and this has allowed us to significantly reduce the number of proposed compulsory redundancies to 50.”
Sunseeker made around 100 temporary layoffs shortly before Christmas 2024 due to “restrictions in its supply chain” and cash-flow challenges. These workers returned in late January 2025, with the yard insisting no staff had lost their job.
The spokesperson adds: “We are grateful for the contributions of all our employees as we continue to work closely with affected individuals.”
The yard says it remains focused on fulfilling its global order book and the continued development of new models — including the superyacht range announced in January 2025.
The news comes after Italy’s Orienta Capital Partners and US’s Lionheart Capital bought Sunseeker International from China’s Wanda real estate group in November 2024.
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