Scottish housebuilder axes more than 20 jobs as employees face ‘worry and uncertainty'
It is the second time in two years the firm has been forced to make redundancies
JOBS AT RISK Scottish housebuilder axes more than 20 jobs as employees face 'worry and uncertainty'
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A SCOTTISH housebuilding firm is set to axe more than 20 jobs as its employees face "worry and uncertainty".
Scotia Homes, based in Ellon, Aberdeenshire, announced it will make the cuts following £2.5million in pre-tax losses.
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Scotia Homes announced that it is set to axe up to 25 jobs
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The firm has built homes across northeast Scotland and beyond for over three decades and currently employs 168 people.
This is the second time in two years Scotia Homes has been forced to make redundancies.
Joint managing director Richard Begbie said the decision to downsize was in response to "current market conditions".
Up to 25 jobs are under threat - the majority of which will be made at head office.
Mr Begbie told The Press and Journal: "As widely reported, the housebuilding sector is currently facing significant challenges due to a range of external factors.
"In response to these market conditions, we are taking proactive steps to ensure the continued strength of our business.
"As part of this strategy, we are proposing changes to our workforce structure. We deeply value the contributions of our team, and this decision has not been made lightly.
"Scotia Homes remains dedicated to delivering quality homes and building vibrant communities, and these changes will help position us for future growth and continued success in a rapidly evolving market.
"It is anticipated that those affected by redundancy will be less than 25 employees."
Gordon and Buchan Tory MP Harriet Cross said: "I'm deeply concerned by these redundancies at Scotia Homes and the impact this could have on construction across the north-east.
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"More immediately, this announcement will bring worry and uncertainty for the employees at Scotia whose jobs are at risk, and I hold them in my thoughts at this time.
"As one of the biggest house builders in the region, this announcement underlines the significant issues facing the sector, with challenging market conditions causing financial difficulties.
"Towns such as Ellon rely on the employment of companies such as Scotia and a local firm making cutbacks like this is a real blow to the area.
"I will now be seeking a meeting with the company to discuss this decision and what actions can be taken to mitigate any future job losses.'
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