Firms shed staff as spending cuts loom

摘要

An increasing number of construction companies has been cutting staff ahead of this month's comprehensive spending review, research has revealed.rnAlmost a quarter of the 170 firms surveyed for the latest Construction Purchasing Managers' Index cut jobs in September - the largest number for six months.rnRespondents to the poll, carried out by Markit and the Chartered Institute of Purchasing & Supply, said firms were continuing to reassess costs and resourcing needs in order to remain competitive.