SEARCH IN BRIEF

 
Double-whammy job losses for major firms

In a double hit this week, two of the industry's largest firms have announced major job cuts and even office closures. Foster + Partners has announced proposals for the closure of offices in Berlin and Istanbul as well as the loss of up to 400 staff members. The move comes as a shock following the firm’s recent assent in the Sunday Times Deloit Buyout Track 100, being ranked number one with the fastest growing profits of a private equity backed firm. A statutory 90 day consultation period will now take place with staff members before final decisions on figures are made.

Almost simultaneously, multi-disciplinary engineering consultancy Atkins has announced major losses of 1000 jobs, 800 of which are earmarked for the UK and 200 in the Middle East. Atkins currently employs over 17,000 in 200 offices around the world, over 11,000 of which are employed in the UK, and has a turnover of £1.3 billion. Atkins ranked 8th last year in ENR magazine's Top 200 Global Design firms league table in terms of revenue. However, as reported in London’s Evening Standard, Atkins Chief Executive Keith Clarke said yesterday: “We have been affected by the uncertainty in a number of markets, principally in our Middle East and UK building design businesses.”

IN BRIEF
Thursday 12 February 2009
St George welcomes NAWIC to Battersea Reach
Fri 23 Jan 2015
Architecture for Humanity files for bankruptcy
Wed 21 Jan 2015
Rogers Stirk Harbour + Partners announced their new office, releasing the film ’The Leadenhall Building’
Wed 21 Jan 2015
HOK Completes acquisition of 360 Architecture
Thu 15 Jan 2015
Broadway Malyan celebrates first built project in the Americas
Thu 15 Jan 2015
Mersin Integrated Health Campus reaches financial close
Wed 14 Jan 2015
In 2014, 97 buildings of 200 meters’ height or greater were completed – a new record
Wed 14 Jan 2015
SimpsonHaugh and Partners announce new LLP partners
Tue 13 Jan 2015