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Thursday 30 April 2009

Matthew Tosser blames recession rather than fraud allegations for 10% job losses at Hugh James


WalesOnline - News - Wales News - Workers at top Welsh law firm face losing jobs: "Managing partner Matthew Tossell sent a message to staff earlier this week claiming the impact of the recession meant that “like most UK businesses, Hugh James is having to take steps to cut costs in order to ensure the long-term future of the firm”.
Mr Tossell said: “Given the prevailing economic climate, it is clear that we need to reorganise certain areas of our business in response to market conditions.
“We believe that we can only achieve that through a reduction in staff numbers which we anticipate to be in the region of 10%."
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