Osborne making 7% of staff redundant

Grant Prior 4 years ago
Share

Osborne is making 7% of staff redundant due to the financial impact of the continuing Covid-19 pandemic on the £392m-turnover contractor.

Osborne group chief executive Andy Steele, who is also vice chairman of Build UK, sent an email to all staff this week highlighting the impact of Covid-19 on the company
Osborne group chief executive Andy Steele, who is also vice chairman of Build UK, sent an email to all staff this week highlighting the impact of Covid-19 on the company

Group chief executive Andy Steele sent an email to staff earlier this week outlining plans for 75 job losses.

Steele’s email said the “harsh reality is that as a group, we will experience substantial losses during the first six months of this year.”

Individuals facing redundancy were due to be told yesterday.

Cuts are expected across all divisions as Steele warned “we simply do not have the future secured pipeline to keep you all employed.”

The construction division has been hit hardest as “many committed projects and new bids have been placed on hold by our customers.”

An Osborne statement said: “Osborne has not been immune to the impacts of Covid-19.

“To reduce our operating costs and protect the jobs of our people we promptly introduced a series of measures including furlough, reduced pay and working hours and freezing all non-critical business activity and expenditure.

“At the same time we adopted the industry Standard Operating Procedures and applied Covid-19 specific risk assessments that allowed us to keep operating safely on as many of our projects as possible.

“The impacts of this virus will be long lasting and it is critical that the size of our organisation carefully reflects our forecasted levels of activity.

“Therefore regrettably we have had to restructure our business operations and it is proposed that approximately 75 positions will be made redundant, 7% of our total workforce.”

One Osborne employee who had been furloughed said: “This is a real kick in the teeth for those of us who thought we were going back to work in the summer.”

Jacobs starts redundancy talks with UK staff

Consultant Jacobs has started redundancy consultations with staff due to a drop in demand “not directly related to the current Covid-19 pandemic.”

The Enquirer understands that up to 200 jobs are under threat including 100 in the transport division.

A Jacobs spokesperson said: “In recent months, some of our markets have experienced uncertainty resulting in project delays and cancellations in the UK.

“These delays and cancellations do not directly relate to the current COVID-19 pandemic. This includes some major infrastructure projects.

“We have been carefully reviewing how these changes affect our business and resourcing levels, to ensure our business is structured to deliver sustained growth in the future.

“As a result, we have made the difficult decision to propose a reduction of staff in our UK business and we commenced a consultation process last month.

“As a diverse, global business with more than 11,000 employees in the UK, where possible we are considering alternatives including any redeployment opportunities to safeguard our talent.”

Latest news

Former Crossrail boss Mark Wild to lead HS2

Wild to bear down on spiralling costs and bring rejigged scheme in on time
9 hours ago

Receivers in at £125m Manchester tower developer

Domis Construction walked away from scheme following doubts over funding
1 day ago

McAlpine pulls out of £55m Carlisle Citadels project

University of Cumbria starts hunt for replacement contractor
5 days ago

Strabag UK suffers further big trading loss

Austrian contractor is gearing up for major presence in the UK market
4 days ago

Durham Uni picks UPP for £130m student scheme

Firm will deliver 1,000 self-catered bed spaces
4 days ago

Architects now upbeat after 10-months of work gloom

Larger practices see rising workloads in next three months
4 days ago

Motorist dies after collision with road paver

Police Scotland investigating fatal crash
4 days ago

McLaren Living appoints HG Construction for £69m scheme

Build to Rent scheme will transform former vacant car park site in Leeds city centre
5 days ago

Squibb liquidator probes £2m of “missing” plant

Machinery, cars and scrap metal have disappeared at demolition specialist
5 days ago

Galliford Try to re-enter affordable homes market

Contractor sets out new five-year plan to build margin to 4%
5 days ago

Former Sellar chief to lead civils contractor Kilnbridge

Owen Dannatt joins as new CEO as founder Dermot McDermott becomes Chairman
5 days ago

Hunt starts for nuclear fusion plant construction partner

Fusion energy plant to be built at West Burton coal power station site.
5 days ago

National Grid raises £7bn for big infrastructure upgrade

Rights issue to fund a major round of capital investment in energy infrastructure
5 days ago

Grenfell police probe to last at least until end of 2025

19 companies and 58 individuals could eventually face charges
5 days ago

Mace confirmed on £100m London office retrofit

Work underway on Helical's 100 New Bridge Street job near Ludgate Circus
6 days ago

Wylfa chosen for next big nuclear power station build

Government names Anglesey site for a large-scale gigawatt nuclear power plant.
6 days ago

Bowmer & Kirkland trading profit halves

Contractor buys HVAC specialist Adcock despite challenging market
6 days ago

Piling specialist Van Elle plans further job cuts

Piling specialist plans further cost savings in face of lower demand
6 days ago

Civils contractor A Catlow files administration notice

High voltage cable specialist lodges court notice
6 days ago

Green light for ARC Oxford lab campus

Work to start later this year on £40m Ascent building job
6 days ago

Stonehenge tunnel hit by another legal delay

Court upholds latest appeal against £1.7bn scheme by campaigners
7 days ago

Plans go in for huge Olympic Park construction hub

Bow Goods Yard could deliver 3.5m tonnes of materials a year to sites across London
7 days ago

40% affordable homes target for Labour’s new towns

Labour pledges to select new town sites by end of first year
7 days ago

Plan for £100m Liverpool Baltic station

Construction work could begin next year
7 days ago

Surgo Construction went down owing £4.5m

Biggest creditor is Bellway Homes after dispute on housing job
7 days ago

Vistry seals £157m West London housing deal

Around 575 homes to be built at Merrick Place scheme in Ealing
7 days ago

Streamlined Watkin Jones returns to profit in first half

Multi-room specialist sees secured work pipeline hit £1.4bn
7 days ago

Bellway hires ex-brickie as group construction chief

James Griffin to oversee move to the Future Homes Standard and timber frame.
7 days ago

Persimmon under fire for delays to £10m relief road

West Suffolk Council serves Breach of Condition Notices after timetable slips again
7 days ago

BAM wins £33m Kent secondary school job

Replacement Swanley academy to be built at live school site
7 days ago

Contractor services