Around 60 staff have taken voluntary redundancy at Hill Dickinson’s Liverpool office, it has emerged today.
In April the firm announced that it was kicking off a business review that could lead to job cuts in a move blamed on the tough economic climate (29 April 2013). Hill Dickinson said it would be reviewing its range of services and geographical reach and that a “limited number of teams” faced a restructuring that could cost jobs.
The review began on 1 May and the firm is aiming to complete it by the end of the first quarter of the 2013/14 financial year. A spokesperson for the firm said that there would be no comment while the consultation was ongoing.
Hill Dickinson is yet to release its latest financials but has said that revenue is expected to be flat on last year (13 June 2012).
In February the firm acquired DLA Piper’s insurance hubs, adding a team of 30 to Hill Dickinson’s Manchester and Sheffield offices as part of the deal, leading to speculation that cuts will be focused on locations the firm had not invested in recently (28 January 2013).
News of the voluntary redundancies first emerged on RollonFriday.com.