Redundancy Watch: Taylor Wessing
Taylor Wessing has begun a redundancy consultation with ten associates and ten support and secretarial staff. Associate pay bands have been frozen for 2009 and trainees for the firm’s 2009 and 2010 intake have been asked to defer training contract start dates on a voluntary basis. A cash payment of £7,500 will be made to those that take up the offer. Despite the apparent need for a reduction in headcount, the firm has asked its staff to accept a number of unconventional …
Taylor Wessing has begun a redundancy consultation with ten associates and ten support and secretarial staff. Associate pay bands have been frozen for 2009 and trainees for the firm’s 2009 and 2010 intake have been asked to defer training contract start dates on a voluntary basis. A cash payment of £7,500 will be made to those that take up the offer.
Despite the apparent need for a reduction in headcount, the firm has asked its staff to accept a number of unconventional measures to try an avoid widespread job cuts, including 2 weeks unpaid holiday and sabbaticals. The firm is also understood to have tabled redeployment, voluntary redundancies and a pay freeze. The hope is that not all of the 20 jobs at risk will need be axed…
April 21, 2009
fair play
April 21, 2009
looks like TW are doing the decent thing
April 21, 2009
It might not look so good if thay have to follow it up with a larger redundancy later on.
April 21, 2009
Better to try rather than just unleash the fury.
April 30, 2009
They are desperately trying to retain their “caring” image despite their ruthlessness. They are currently having an outsourcing company shadowing staff in General Office, Reprographics, Switchboard etc which will probably mean our jobs are “down the pan”.