May Gurney, the infrastructure support services company, has announced it is to make a series of job cuts, leaving 250 Scottish people out of work.
The news comes just a short time after the Norwich-based firm issued a profits warning to the Stock Market. That news was followed by the swift departure of its chief executive.
The news of the Scottish job losses will come as a major surprise to many, with the oil and gas industry being in rude health. However, the position has been forced, according to May Gurney, because Scotia Gas Networks (SGN) is cutting back on its outsourcing.
A statement released said:
“While May Gurney will continue to work with SGN in a strategic partnership, this decision will result in a significant reduction in […] our staffing requirements going forward.
“As a result, we have entered into consultations with our staff and anticipate that up to 250 people could be affected.”
The statement went on to say that discussions to keep redundancies to a minimum were ongoing. It also added that talks were taking place with Scottish Water, with the intention of transferring staff.
No details have been announced as to why SGN is reducing the work it outsources.
Many companies find that accessing funds tied up in outstanding payments can reduce pressure. As such, invoice factoring companies in Scotland are giving Scottish companies the means to progress.
Confirmation of the posts to go at May Gurney will be advised later, with employees in Aberdeen, Dundee and Falkirk those to be affected.