Construction News

Tue May 28 2024

Related Information

Balfour Beatty to shed 650 staff

17 May 12 Balfour Beatty is to lay off 650 staff as part of a major restructuring programme of its UK construction services business.

The country's biggest contractor, which employs 12,000 people, said the redundancies would not affect operational employees involved in project delivery.

It said the changes aim to “enhance our leading market position, while emerging from the current downturn in UK construction as a more operationally efficient business”.

The new business will operate through three business streams, and centralised support functions will also be introduced. This model, which will become operational from January 2013, consists of:

Major infrastructure - focused on complex projects in key sectors such as energy and transportation.

Regional mechanical & electrical - across all sectors.

Regional civil engineering and building - providing locally delivered, flexible and fully integrated civils and building services through partnerships and frameworks to our strategic customers.

A new senior leadership team, which will be announced at the end of May, will take the new business forward during a transition period which will run through to January 2013.

Mike Peasland, CEO of Balfour Beatty Construction Services UK, said:

“This operating model will sharpen our focus on growth sectors and ensure the seamless integration of our capabilities for our customers as well as giving us the opportunity to create a more efficient structure.”

Got a story? Email


Click here to view latest construction news »