Job losses set for Foster +Partners
Foster + Partners, the UK’s largest architectural practice, has confirmed it is planning redundancies as part of a restructure with around 100 staff at risk.
The company is primarily based in Battersea, London where the majority of the job losses are set to take place.
A statement said: “Foster + Partners has grown significantly over the last two years with a record number of projects, many of which are now close to completion.
“This, coupled with some uncertainty in the construction market, has led us to make some adjustments to our practice, which regrettably includes some redundancies enabling us to balance numbers with our current and foreseeable workload.”
The practice, led by Lord Norman Foster, employed 1,265 staff in its London campus in Battersea in the year ending 30 April 2016, according to accounts filed with Companies House.
Globally it has around 1,500 employees with other offices in Beijing, Hong Kong, New York and Shanghai.
The architecture giants have recently completed the Apple Store Dubai Mall, featuring kinetic ‘wings’ that responds to temperature.
The firm has also recently opened its office at the Dubai Design District, its first physical presence in the Middle East.