City biz services staff under threat again as Taylor Wessing mulls 34 redundancies

City biz services staff under threat again as Taylor Wessing mulls 34 redundancies

The transfer of business services roles into low-cost bases shows no sign of slowdown in 2019, with top 20 UK firm Taylor Wessing announcing it is considering making 13% of its 270-strong City team redundant by the end of 2020.

The move, announced today (25 January), potentially affects 34 London-based staff and comes as the firm looks to create 35 new business services roles in the Liverpool base it launched last October. Continue reading “City biz services staff under threat again as Taylor Wessing mulls 34 redundancies”

City job cuts loom as Bakers puts 300-plus business staff under consultation in efficiency drive

City job cuts loom as Bakers puts 300-plus business staff under consultation in efficiency drive

Support roles in the City are under threat again as Baker McKenzie has launched a review of its entire London professional and business services (PBS) staff, estimated to include around 350 people.

Kicking off at the end of this month as part of the firm’s drive to improve profitability, the consultation will affect Bakers’ finance, business development, knowledge management, human resources, marketing and communications teams. A spokesperson for the firm said a decision had yet to be reached as to how many roles will be impacted. Continue reading “City job cuts loom as Bakers puts 300-plus business staff under consultation in efficiency drive”

More cuts in the City as Ince & Co slashes more than 30 roles

More cuts in the City as Ince & Co slashes more than 30 roles

Shipping specialist Ince & Co has announced 32 redundancies in its London office in the latest wave of cuts by law firms in the City.

Ince is letting 25 business services staff and seven fee earners go, with three further roles still under consultation, including a managing associate whom Ince aims to relocate to one of its international offices. Continue reading “More cuts in the City as Ince & Co slashes more than 30 roles”

Hogan Lovells cuts 54 City jobs as law firms keep slashing London biz service roles

Hogan Lovells cuts 54 City jobs as law firms keep slashing London biz service roles

Hogan Lovells is to cut 54 business support jobs from its City arm as the firm moves to expand its low-cost hubs around the world.

The Anglo-American law firm announced today (20 June) that most of the roles have been moved to its low cost centres in Johannesburg and Louisville, and a new business support team established in Birmingham. Continue reading “Hogan Lovells cuts 54 City jobs as law firms keep slashing London biz service roles”

Ince & Co to shed more than 30 business services and fee earner jobs in structural shift

Ince & Co to shed more than 30 business services and fee earner jobs in structural shift

Shipping specialist Ince & Co is to cut more than 30 fee earner and business services jobs in a redundancy round touted as ensuring the ‘ongoing success’ of the firm.

The firm launched a month-long consultation process today (June 5) after which between 32 and 36 associates and business services staff will lose their jobs. Business services staff are expected to be most-affected. Continue reading “Ince & Co to shed more than 30 business services and fee earner jobs in structural shift”

‘Some difficult decisions’: Ashurst set to cull up to 80 City secretaries

‘Some difficult decisions’: Ashurst set to cull up to 80 City secretaries

Ashurst has launched a redundancy review which could result in 80% of its 100-strong secretarial team in London being axed, while a handful of secretarial roles in the Middle East are also at risk.

Women will make up the majority of those in the firing line, with Ashurst stating in its March 2018 gender pay gap report that 122 of its 125 secretarial staff – or 98% – are female. Continue reading “‘Some difficult decisions’: Ashurst set to cull up to 80 City secretaries”

News in brief – April 2017

News in brief – April 2017

300 JOBS CUT AHEAD OF CMS MERGER

Approximately 300 support staff roles are to be cut at CMS Cameron McKenna, Olswang and Nabarro ahead of their triple merger next month. The firms ran a redundancy consultation from January to March, with 650 of the 950 support staff offered roles in the combined firm.

 

Continue reading “News in brief – April 2017”