Property developer begins staff consultations over cutbacks as part of a plan to outsource its UK design and construction department.
Property developer Slough Estates has begun staff consultations over up to 45 redundancies as part of a plan to outsource its UK design and construction department.
The redundancies, expected in April or May, will affect around 10% of Slough’s UK workforce, and will incur about £1m in one-off redundancy costs.
Slough currently employs 55 specialist staff in its design and construction team, and plans to retain a team of about 10 to manage the outsourced work.
In a statement, Slough Estates chief executive Ian Coull said that the move was “a further step in focusing the company on its core skills. It maintains our pace of change and will further increase the competitiveness of our business.”
Slough’s construction operations are already outsourced in the USA and continental Europe. The company said that the decision to outsource its construction reflected best practice in the property sector.