Consultant cuts 5% of workforce as international orders falter

Consultant WSP has made around 500 job cuts across its global business – around 5% of its total workforce.

The firm said it had reduced headcounts around the world as the economic crisis takes its toll on its international business.

A spokesman said: "We are working in 40 countries around the world and there are redundancies spread around those 40 countries."

Around 100 of the cuts are thought to have come from the firm's UK operations.

The news follows this morning's year-end trading update from WSP, in which it confirmed its order book had dropped by 5% in the past six months.