Kennedys is set to make up to 72 of its back office staff redundant.
A consultation process has begun in the firm's finance department, with a spokesman confirming that "five or six dozen people are at risk". Or, as one insider told RollOnFriday prosaically, "finance and cashiers are being shat on".
The firm, which has over 1,100 staff, has had a good run recently with turnover up nearly 13% to £109m for 2011/12. But that expansion has been achieved mainly through merger rather than actual business growth: Kennedys swallowed up firms in Ireland and Portugal last year, took on 70 Halliwells staff in 2009 and is currently in talks with aviation firm Gates and Partners. The end result of all those merger "synergies" seems to be that it has more support staff than it needs.
All the jobs at risk are based in four of the firm's UK offices, and mainly in London. The spokesman said that the consultation had just started, and the firm was "keen to keep redundancies to an absolute minimum". Still, around 6% of the firm's staff will be singing Don't Stop Me Now through gritted teeth over the next few weeks.
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A consultation process has begun in the firm's finance department, with a spokesman confirming that "five or six dozen people are at risk". Or, as one insider told RollOnFriday prosaically, "finance and cashiers are being shat on".
The firm, which has over 1,100 staff, has had a good run recently with turnover up nearly 13% to £109m for 2011/12. But that expansion has been achieved mainly through merger rather than actual business growth: Kennedys swallowed up firms in Ireland and Portugal last year, took on 70 Halliwells staff in 2009 and is currently in talks with aviation firm Gates and Partners. The end result of all those merger "synergies" seems to be that it has more support staff than it needs.
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Kennedys yesterday |
All the jobs at risk are based in four of the firm's UK offices, and mainly in London. The spokesman said that the consultation had just started, and the firm was "keen to keep redundancies to an absolute minimum". Still, around 6% of the firm's staff will be singing Don't Stop Me Now through gritted teeth over the next few weeks.
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