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Gensler drops redundancy bombshell as downturn bites

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In a major cull of staff, Gensler has been informing its employees whether their jobs are likely to exist beyond the end of the month.

Although the city practice denied that the final number of redundancies is known, an insider said that 41 staff had received letters of redundancy, and 4 others were to leave voluntarily.

As reported in the AJ last month (4.10.01), Gensler is blaming its current downturn in business on the slowdown in the global economy and the terrorist events of 11 September. It had said it would be undertaking a consultation with staff, and that it would be trying to achieve the cuts through 'voluntary means' where possible.

Gensler, which ranked seven in the AJ Top 100 this year (22.3.01), also topped the list of 'fastest rises' by employing 66 per cent more architects than it did in the previous year.

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