Type
Internal restructuring
Country
United Kingdom
Region
Location of affected unit(s)
Sector
Construction
Construction Of Buildings And Infrastructure Engineering
Civil Engineering
42.1 - Construction of roads and railways

100 jobs
Number of planned job losses
Job loss
Announcement Date
11 February 2019
Employment effect (start)
Foreseen end date
31 March 2019

Description

Construction company Amey has announced plans to cut 100 jobs from its workforce. The job cuts follow disputes about payment for the upgrade to the Great Western mainline project, which is the project to upgrade the rail line between London and Cardiff. According to reports there have already been some voluntary redundancies, though these will now be supplemented by some compulsory redundancies. Therefore the true redundancy figure will be much higher than the 100 affected by the compulsory scheme. The restructure is expected to be complete by the end of March 2019.


Sources

Citation

Eurofound (2019), Amey, Internal restructuring in United Kingdom, factsheet number 97154, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/97154.