Almost three quarters of Carillion jobs have now been saved, the Official Receiver has confirmed.
Since the liquidation of the construction and infrastructure services company in January, the Insolvency Service has worked alongside both the government and fallen organisation to try and find solutions for those contracts at the mercy of the uncertainty.
In the six months since that announcement, the talks have resulted in a number of contracts being undertaken by other construction companies throughout the UK, meaning the majority of jobs have been saved.
At the present time, 86% of Carillion jobs have been resolved, either by finding new roles, or the unfortunate news that redundancies have been made.
The number of jobs that have been saved equates to 73% of the pre-liquidation workforce, while 13% have been made redundant.
The latest update from the Official Receiver revealed that 1,085 roles have been saved and transferred to new suppliers, which takes the number of jobs secured to 13,430.
A statement said: “Over 1,000 employees have transferred to new suppliers during the past week – close to three quarters of Carillion’s pre-liquidation workforce have now been found secure ongoing employment.
“Regrettably, three roles in the corporate centre are no longer required and those employees will leave the business.”
A number of high profile names in the industry have stepped up to take over contracts; this includes Balfour Beatty and Kier continuing with the Aberdeen Western Peripheral Route contract, which Carillion was involved in as a joint venture. This has brought certainty and secured jobs.
Elsewhere, Amey have also undertaken some of Carillion’s rail contracts, which will have secured jobs.
According to the Official Receiver, more than 1,100 employees will remain with Carillion to deliver remaining services to public and private sector customers until the time comes that decisions are made to either transfer or cease these remaining contracts.