Keltbray is planning to make 300 redundancies as it grapples with the “unavoidable” impact of coronavirus on the wider economy.
The cuts are likely to result in a reduction in the number of roles in the firm’s support functions and in its built environment division, chief executive Darren James said. There will be no impact on the infrastructure division which continues to operate at “near normal, pre-crisis levels”.
James said: “Keltbray has acted decisively and responsibly during the past three months to protect our people and safeguard the business. By furloughing a third of our workforce and introducing temporary salary reductions, we have protected jobs, while continuing to support the national effort. However, the ongoing impacts of the virus on the wider economy are unavoidable and we will need to go further to emerge stronger for the future.
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