Monday, 12 February 2018

Almost 1,000 jobs now lost after Carillion collapse

Almost 1,000 job roles have so far been lost after construction giant Carillion collapsed into liquidation last month.
The Official Receiver, part of The Insolvency Service tasked with overseeing the transfer of contracts following the collapse, said in an update that 59 staff members will leave the business this week after the projects they were working on could not be secured.
That is in addition to a further 930 jobs which have already gone at the company - bringing the total to 989 jobs.

Carillion collapsed last month after accruing debts of £1.3bn, with a pension deficit estimated to reach up to £2.6bn.

The firm employed 20,000 people in the UK and held a variety of public sector contracts ranging from building new hospitals to providing school dinners.

BBC       News.

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