It blamed the planned 60 job cuts on challenging market conditions delaying projects.

A spokesperson for Explore Manufacturing said: “Yesterday, we informed members of our workforce at our Centre of Excellence for Modern Construction (CEMC) in Nottinghamshire of a proposal that could reduce the number of roles at the facility by up to 60.

“Due to challenging market conditions, we have seen delays to some of the projects CEMC was set to service.

“Therefore, we need to reduce our operating costs, while continuing to deliver projects and protect our ability to invest in the technology and innovations that will transform construction.

“We know that any proposal to reduce roles creates a difficult time, we will work with our people and continue to support them through this process.”