Lendlease cuts 15% of its UK workforce
Lendlease is to cut the size of its UK workforce by 15% – the equivalent of 240 jobs – as it adjusts to the “tough economic conditions” brough about by the coronavirus pandemic.
A spokesperson for Lendlease said: “We remain fully committed to the successful delivery of the impressive pipeline of opportunities our business has secured in the UK, and we see considerable long-term potential for our business here.
“But first we must withstand tough economic conditions that are being addressed by nearly every business in our industry. To withstand those conditions we are proposing to reduce the size of our workforce in the UK by around 15%.
“The vast majority of our team will remain in place but, in order to achieve our long-term potential in the UK, we are proposing that our business become a leaner organisation that is fit to face the challenges ahead.”