Firm announces plans to shed as many as 250 jobs in Scotland after reduction in gas maintenance work
May Gurney has announced plans to shed up to 250 jobs in Scotland as it looks to down size its business north of the Border following a reduction in gas maintenance work.
The move comes after May Gurney , and announced the departure of its chief executive Phillip Fellowes-Prynne.
At the time the firm said it had 鈥渙n-going difficulties鈥 within its Scottish Utilities business as Scotia Gas Networks (SGN) looked to use more in-house labour and reduce its outsourcing. May Gurney finance director Mark Hazlewood said this would hit around 拢20m of revenues and
Now the firm has embarked on a consultation with employees in Aberdeen, Dundee and Falkirk, with as many as 250 jobs to be cut.
In a statement, the firm said: 鈥淲hile May Gurney will continue to work with SGN in a strategic partnership, this decision will result in a significant reduction in the work we undertake for the group in Scotland and, also, our staffing requirements going forward.
鈥淎s a result, we have entered into consultations with our staff and anticipate that up to 250 people could be affected by this development.
鈥淲e will be working with employee representatives to seek alternative roles for our people and anticipate a number of those impacted could be redeployed.鈥
鈥淚n addition to continuing our discussions with SGN, we have also been working with one of our other long-term clients - Scottish Water - with a view to using transferable skills and retraining to create new jobs on the contract we deliver for them.鈥
Shares in May Gurney fell more than 40% on the news of the profit warning on 6 September, to just over 130p, wiping almost 拢66m off the value of the company. The firm鈥檚 shares were trading at 113p this morning.
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