While the last few months have not brought with them the level of job cuts first feared at the start of 2013, when the rash of City redundancies at one stage looked to approach 2009 levels, Ince & Co has today (13 February) confirmed that it has entered a redundancy consultation in respect of sixteen staff, with the firm blaming economic conditions in its shipping business.
The top 40 LB100 firm has put ten fee earners and six business services staff on notice that they may lose their jobs, following an assessment of the prevailing economic conditions in its core sectors and a review of its resourcing requirements, a firm statement said today.