55 jobs lost at Shepherd Construction
SHEPHERD GROUP has confirmed it has cut 55 jobs at the end of a consultation process into a restructure of its construction division.
The figure is much lower than originally expected, after suggestions that 180 roles were under threat.
It is mostly back-office jobs that have been affected, and the cuts include 37 compulsory redundancies in addition to 18 volunteers.
A spokesperson for Shepherd said: “Following a review of the Shepherd Construction business, along with its support service teams, a consultation process with employees has now concluded.
“We are doing everything possible to prioritise the welfare of staff affected, and ensure our effectiveness as a leading built environment specialist.”
The group’s two main contracting arms – which also includes Shepherd Engineering Division – employ nearly 1,400 people.
York-based Shepherd Construction had a tough 2014, generating pre-tax losses of £8.2m after sales dropped by one-third, to £240m.
