黑洞社区 can reveal the names of five directors that have left the firm
The latest round of redundancies at Davis Langdon has focused on the firm鈥檚 Norwich, Edinburgh, Glasgow and Bristol offices, 黑洞社区 understands.
黑洞社区 revealed last week the firm 鈥� which was acquired by US consultant Aecom in 2010 鈥� has made a further round of redundancies among its directors and staff, a year on from making almost a fifth of its directors redundant.
Industry sources said this week Norwich-based directors Stephen Brown and Mark Baxter, Bristol-based director Frank Nicholson and London-based directors Chris Boyce and Roger Petherbridge have all departed the firm in recent weeks.
黑洞社区 was unable to confirm the identities of any departing staff from Davis Langdon鈥檚 Glasgow and Edinburgh offices.
Industry sources told 黑洞社区 Davis Langdon has made 19 directors and 40 staff redundant in the latest cull.
The firm made 33 of its 175 directors redundant last autumn, which the then chief executive Jeremy Horner - who left in February - ascribed to the 鈥渟tate of the market鈥�.
The latest round of redundancies came as Aecom reported a 拢36.9m loss for the year ending 30 September 2012, after a 拢200m writedown on the value of its European and management support services businesses.
Davis Langdon said it made a decision 鈥渢o slightly reduce staff numbers in a handful of UK offices where localised market conditions have resulted in a drop in workload鈥�.
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