Around 700 workers have been made redundant from Connaught Partnerships, the joint administrators for the social housing contractor have announced.
The redundancies cover a range of locations across the UK, but KPMG said that “due to the mobile nature of the staff, the administrators are unable to give further detail on the locations of the staff at this stage, but will make further announcements as soon as possible”.
Brian Green, restructuring partner at KPMG and joint administrator, said: "Immediately following our appointment, we conducted a commercial review of the staffing needs of the business and shortly thereafter took the decision to make around 700 staff redundant.”
He explained that the administrators made every effort to communicate with staff in person, but “the large number of staff and wide geographic spread across the country necessitated a series of telephone calls yesterday to ensure staff were informed of redundancies as soon as possible”.
Green confirmed that around 2,500 staff transferred to Lovell Partnerships, the affordable housing division of Morgan Sindall, the construction and regeneration group. Connaught Partnerships employed around 4,400 staff on appointment of administrators.
"The administrators continue to negotiate the novation of the remaining contracts to other providers and remain hopeful that further staff within Connaught Partnerships Ltd will be transferred to alternative providers,” he added.