Gensler and SOM axe staff in industry slowdown
Commercial practices Gensler and Skidmore Owings & Merrill have both shed staff, another sign of the continuing economic downturn.
SOM has made 11 staff redundant while Gensler has lost six, with both practices blaming the continued slowdown of the global economy.
A spokesperson for SOM called the redundancies a 'correction' following a period of rapid expansion. Over 15 months the practice had grown from 35 to 137 - the addition of one new staff member every fortnight. However, in the aftermath of 11 September, expansion had not lived up to expectations, he said.
Meanwhile, other large firms are faring better.
Director of TTSP Mike Carter, which has shed five staff since the autumn, said the practice has now 'stabilised'. Aukett Europe, which made big cuts in the aftermath of 11 September (AJ 4.10.01), claims to have no plans for further redundancies.