Kennedys to lay off 72 UK staff
Kennedys has confirmed that it intends to make to 72 of its support staff redundant. The consultation process is already underway, and though a spokesperson said that the firm was "keen to keep redundancies to an absolute minimum", around 6 per cent of the firm’s 1100 staff will be shown the door. All the layoffs are in the firm’s UK offices.
The firm reported a 13 per cent increase in turnover to £109m for 2011/12, but the growth was achieved mainly through merger rather than actual business growth. Kennedys acquired firms in Ireland and Portugal last year, and took on 70 Halliwells staff in 2009. The firm is currently in talks with aviation firm Gates and Partners.
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