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McGrigors to cut 40 jobs in UK-wide redundancy round

McGrigors are in this position because they have continued to spend money like water despite a large overdraft. One suspects the bank will be putting pressure on them to reduce it. To the people posting a slap on the wrists on here directed at the people complaining about this, bear in mind McGrigors, in Scotland anyway, have a traditionally v loyal workforce and lower than average staff turnover, but those same staff are now being made redundant to pay for the spending and to maintain PEP. You should have a little heart if they want to moan on here a bit and vent their frustration in a way less likely to cost them their job than any other. I am ex-McGs, long time there and senior role and I agree with the comment about things changing when they went in with Klegal, and not very much for the better. The current managing partner was very much involved in and in favour of that deal and has continued to view expansion as the only way forward for McGrigors. Until a fortnight ago.

1-Nov-2010

3:11 pm