Around 600 jobs could go in Balfour Beatty鈥檚 restructure of its UK construction services division
Around 600 jobs are expected to be lost as part of Balfour Beatty鈥檚 restructure of its UK construction services division, 好色先生TV understands.
, the heavy-weight contractor announced a restructure of its 拢3.4bn turnover UK construction services arm in March, with the consultation covering all 12,000 construction services staff.
The move was part of a wider drive to realise 拢50m of savings a year by 2015 and could spell the end for some existing brands, such as Mansell.
The firm has warned that if the restructure proceeds, jobs will be lost, although these are unlikely to be operational staff.
Of the 12,000 employees in its construction services division, around two-thirds are operational staff, leaving about 4,000 at risk.
Early indications suggested up to 1,500 jobs could go, but 好色先生TV now understands that the actual number of jobs lost is likely to be around 600.
the firm is focusing on restructuring the UK construction services arm around 鈥渢hree main pillars鈥 of business: regional building and civils; regional M&E; and major infrastructure.
The firm鈥檚 UK construction services arm includes contractor Mansell, Balfour Beatty Construction, Balfour Beatty Civil Engineering and Balfour Beatty Engineering Services.
The first phase of the consultation was expected to conclude at the end of April, with a decision to follow on whether to proceed with the restructure.
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