UK firm Bevan & Brittan in third redundancy round

UK firm Bevan Brittan has confirmed reports that a third round of redundancies is imminent. The firm will make up to 26 employees redundant – half of them fee-earners and half personal assistants, and has undertaken to pay ‘in excess’ of the statutory minimum redundancy pay. The firm seemed to be in good health, increasing the profit per equity partner by 40 per cent this year to £286,000. But the shelving of scores of government projects prompted the public sector firm to cut back on staff costs. Andrew Manning, the firm's CEO, said: "with the government’s target to reduce budgets and close projects - such as Building Schools for the Future - we are forced to face the reality and take this difficult decision. We do not want to be in a position where we need to make knee-jerk decisions and we believe acting now will allow us to maintain our strength and, at the appropriate time, to invest in the areas of the business that will secure our long-term future".

UK firm Bevan & Brittan in third redundancy round rollonfriday.com Fri, Sep 24, 2010