National firm Shoosmiths has cut over 40 jobs after discovering ‘more efficient ways of working’ during lockdown.
More than 50 posts were under review during a 30-day consultation period, and 43 redundancies have now been confirmed. Most of the job losses are in business support.
A spokesperson for Shoosmiths said: ‘We can confirm that Shoosmiths announced restructuring proposals in early October as a result of identifying more efficient ways of working in recent months during the coronavirus pandemic, when the firm’s performance has remained strong.
‘In total, 51 posts were placed at risk, with 43 confirmed redundancies following the conclusion of a 30-day consultation period.'
Shoosmiths joins Freeths, Ince, Weightmans, Squire Patton Boggs, Irwin Mitchell, Reed Smith, Bryan Cave Leighton Paisner and BLM in announcing job cuts this year.
The firm celebrated a strong set of financial results in July, reporting an 11% rise in its net profit. However, the practice said it was ‘mindful’ of the challenges it now faces due to coronavirus.
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