Engineer set to make 90 redundancies, according to report
Arup has told staff it will cut jobs in its London buildings business due to a slowdown in the commercial sector caused by the Brexit vote.
The engineer is planning to make around 90 redundancies in the 900-strong division, according to a report in the Sunday Times.
In an email to staff explaining the need for redundancies, seen by the paper, Nigel Tonks, head of Arup’s London buildings division, said: “We are seeing signs of delays in investment decisions, particularly in the commercial sector, as investors wait for clarity on Britain’s future relationship with the EU.”
An Arup spokesperson said: “We are operating in a period of uncertainty after the referendum vote in June.”
“Our people are our greatest asset and it is with regret that the difficult decision has been taken to implement a programme of limited redundancies during the third quarter of 2016 in our Buildings London sector.
“We anticipate that the programme will affect up to 2% of our UK based employees (or up to 4% of our London based staff) and where possible we are looking to redeploy people.
“We have begun a statutory 30-day consultation period with relevant staff in the UK, and we are doing everything that we can to ensure the redundancy programme is handled with transparency and sensitivity.”