Industry braced for more job cuts as speculation grows over where axe will fall at Wates

By Dave Rogers2020-05-22T05:00:00

Firm announced 300 redundancies earlier this week

More firms are expected to announce redundancy programmes in the coming weeks as speculation grows over where the axe will fall at Wates which confirmed it was making 300 job cuts on Wednesday.

Building understands that the firm’s 4,000 staff were told about the move in a video message from chief executive David Allen the previous day.

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