It is reported that Taylor Woodrow Construction has interviewed its 1000 staff for 550 jobs, as the start of a huge plan to streamline operations.
The interviews were scheduled to take place last month, with the new structure in place by June, one of he fastest overhauls a major group has undertaken.
The new management structure is focusing on higher margin activities, where risk is more tightly managed.
‘Construction has a profitable future in our portfolio as a focused provider of value added construction support,’ says Keith Egerton, group chief executive.
‘We undertook a rigorous selection process to identify the right management to drive our construction activities forward.’
A new post of division director for procurement, estimating and planning has been created to reflect emphasis on risk management.
About 450 jobs were expected to go from the head office in Southall, London. A further seven division directors were appointed to head up the new key construction businesses which are expected to turnover between £30million and £150million annually.
The new management team is as follows: Brian George, non executive chairman; Denis MacDaid, managing director; Ray Shine, director; Andrew Wyllie, director; David White, finance director; Tony Bickerstaff, health, MoD, corporate; Roger Blundell, engineering; Neil Johnson, airports, rail, water, remediation; Tim Peach, facilities management; Graham Quinion, Asia/Africa; Norman Reed, property, TW Homes; Gerald Slack, procurement, estimating, planning.