The NEC Group has served 82 redundancy notices following expiry, 14 July, of a 90-day consultation period with staff.
A statement from the group says the majority of the staff affected will be working their notice periods over the coming weeks.
“The number of redundancies has been reduced significantly throughout the consultation process as a result of affected staff being recruited into existing vacancies and new positions created in the reorganisation,” the statement runs. NEC Group chief executive Paul Thandi had expressed fears in April that over 100 staff could lose their jobs.
“The number of redundancies is still an extremely significant number and we recognise our responsibility to those employees who are leaving The NEC Group as a result of these organisational changes. We have put in place a comprehensive support programme that has been running since day one of the consultation on 16 April and is still in place now.”
Thandi says: “This has been a difficult and worrying time for many of our employees. However these proposals were considered very carefully and the decision to make employees redundant was not taken lightly.
“The NEC Group is not immune from the downturn in the economy and we have seen a significant drop in revenues in some areas of our business, particularly exhibitions.
“As a business with a regional economic impact of £2 billion, supporting 29,000 jobs, it is critical that The NEC Group is in a strong position to endure this current economic crisis and emerge fighting fit to deliver the groundbreaking developments planned for our venues in the longer term. Ultimately, our aim is to safeguard employment as much as possible for the future – not only those employees directly employed by us today, but also the many thousands of workers in the region who rely on our continued success as a business, now and in the future.
“During the consultation, employee and Unite representatives – and individual affected employees – contributed significantly to the development of many of the proposals and I would like to pay tribute to them all for their professionalism and dignity throughout this process.”