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Consultant Rider Levett Bucknall is to cut up to 6% of its workforce in response to the covid-19 pandemic.
Around 45 jobs are expected to be affected by the move at
the firm, which has around 750 employees.
Andrew Reynolds, chief executive of the privately owned
firm, said the management would work to avoid redundancies wherever possible.
Reynolds said: “The effects of covid-19 continue to have an
ongoing impact on our lives and the economy as a whole. Like many
organisations, we are reviewing the long-term impact of the pandemic on our
business, especially in light of the Bank of England recent forecast, to ensure
the long-term stability of RLB in the UK.
“As part of this we have identified that up to 6% of the
roles at RLB UK might be at risk of redundancy and have now commenced a
redundancy consultation period with individual members of our staff. We
will be working hard to avoid potential redundancies wherever this is possible.”
Until the pandemic hit, RLB had been targeting significant
growth, with the aim of reaching a turnover of £150m over the next 10 years. Profit
at the firm more than doubled for the year to 30 April 2019, at £7.3m, while
turnover rose to £81.7m, from £58.7m the year before.