Skanska said today that “no decisions had been made in regard to redundancies” after a memo was sent to staff in the building division warning of concerns over job losses.
Memos were sent by UK president Mike Putnam confirming that the firm’s final salary pension scheme will be scrapped by April and replaced by average salary schemes while also warning of job losses if the firm loses out on new work.
A Skanska spokeswoman said there had been no decisions made in regard to redundancies adding that as of today there are 50 vacancies across the UK business.
She said: “Our resourcing team is focussing its efforts on internally transferring skills across the business.”
“Skanska did send a note to its staff across its building related operations earlier this year regarding the current market situation,” the spokeswoman added.
“Like others, we are seeing a general downturn in the building sector. Our approach is to be open and honest with our staff appraising them of the current situation. This is not directly linked to the PFI area of our business.”
In the 12 months to September 2009, Skanska UK had turnover of £1.524 billion and order bookings of £1.561 billion.
The spokeswoman said: “We have a number of great projects underway and a number of exciting opportunities across both our building and civil engineering operations.”