Norwich contractor declines to comment on speculation up to 5% of staff are at risk
Norwich contractor RG Carter has confirmed it has begun a redundancy consultation with staff but has not yet said how many jobs might go.
The firm did not comment on speculation that up to 5% of staff are at risk which would mean around 50 jobs are under threat.
A spokesperson said a consultation was underway but declined to comment further.
In its last set of accounts, the firm had just over 1,100 employees in the year to December 2018 and posted an improved turnover of £270m. But problem jobs meant it slipped to a £6.4m pre-tax loss from a £2.2m profit in 2017.
Last week, Multiplex, Mace and Keltbray said they were axing hundreds of jobs between them as the impact of the covid-19 crisis on the industry deepened.