Wates announces mass redundancies

Wates index

Firm has cut 300 jobs - around 8% of workforce

Wates has become the first contractor to announce large-scale redundancies as the industry struggles to deal with the fallout of the covid-19 pandemic.

The privately-owned construction firm has today said a programme of redundancies will reduce staff numbers by about 300, or 8%, as it reacts to the impact of the coronavirus. 

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