Remote-working initiative will shrink team in response to worsening market conditions
Cunningham Lindsey is slashing up to 59 jobs as it slims down its subsidence teams in response to a market downturn.
From 1 October, the loss adjuster will use remote working in the daily management of subsidence work, a move that will put 50 subsidence administration staff and nine technical staff at risk of redundancy.
Director of project managed services Geoff Ball said the planned restructure was brought forward “in the face of some very tough market conditions”. He said the company was about 20% down on projected subsidence claims numbers this year, mainly owing to wetter weather and a reduction in claims prompted by pre-sale property surveys.