Severfield to slash jobs amid challenging UK and European markets

Severfield to reduce workforce by 6% amid cost-cutting efforts - Business Link Magazine

Severfield has announced plans to reduce its workforce by 6% in response to ongoing trading pressures in the UK and Europe. The company, which employs approximately 1,800 staff, will cut over 100 jobs as part of a broader strategy to address delays in project deliveries and tighter pricing. Along with the redundancies, Severfield will also […]

Severfield to slash jobs amid challenging UK and European markets

The major contractor has also set out reduction in capital expenditure

Severfield to cut 6 per cent of staff despite ‘solid’ order book

Severfield will reduce its staff pool by 6 per cent to “mitigate the effects of the trading pressures” it is facing. The contractor – ranked 42nd in the latest edition of the CN100 and CN's top structural steel specialist – carried out a headcount review last… The post Severfield to cut 6 per cent of staff despite ‘solid’ order book appeared first on Construction News.