Howard Kennedy has just announced it will be making up to ten redundancies.

The firm is still waiting for its proposed tie up with Finers Stephens Innocent to create Howard Kennedy FSI. This was due to have taken place on 1st November, but has now been pushed back to 1st February. And in the meantime up to ten support staff are to lose their jobs. That is on top of 10% of the firm's partnership being given its marching orders back in February.

           

Concerns that the new firm's gearing would be unworkable and would result in redundancies were originally dismissed by HK, which claimed it would be embarking on an aggressive recruitment drive.

However a spokeswoman denied that the redundancies had anything to do with the proposed merger, saying that "it is important to stress that this is a standalone Howard Kennedy restructuring process and not related to the merger with Finers Stephens Innocent in any way". Yes yes yes, right, of course.
 
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Comments

Anonymous 29 November 12 09:38

HK have already started to cull their staff. Not nice, but at least those leaving can escape those awful no facility offices they have.