Climate management company to cut 250 jobs as demand drops following pandemic

A Yorkshire climate management company has announced that it is cutting 250 jobs due to decreased levels of demand.

Polypipe Group, a provider of sustainable water and climate management solutions for the built environment, will be leading a consultation which could result in the redundancy of 8 per cent of its workforce.

The company said that the latest forecasts from the Construction Products Association show that residential new build demand in 2021 is likely to be 20 per cent lower than 2019 levels.

However, it added that it will not be permanently closing any of its facilities, and that it will be “well placed” to react to unexpected changes to demand levels.

It said: “In light of this medium-term outlook, we are taking regrettable but necessary steps to adjust our manning levels and cost base to reflect this level of demand.

“Unfortunately, it means that we are entering a consultation period with our employees to review these steps, which if actioned in full, will lead to the loss of approximately 250 jobs or 8 per cent of the workforce.

“It is important to note that there is no planned permanent closure of any facility, which leaves the group well placed to react to any sustained but unexpected increase in customer demand.

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