Consultants Stop Partners From Taking Profits

摘要

Partners in consultants including Davis Langdon have stopped drawing cash out of the business in a bid to bolster balance sheets.rnThe news comes as further evidence emerges of the effect the downturn is having on consultants. Rider Levett Bucknall, which is a limited liability company, is considering a rights issue and salary cuts as a "worst-case scenario" measure to raise money, while Arup is preparing to make up to 400 of its UK staff redundant. ArcadisrnAYH has also entered a consultation to cut up to 99 jobs.