CH2M Hill to slash 1,200 jobs as part of global restructure

摘要

US engineering giant CH2M Hill is to slash 1,200 jobs worldwide as part of a $120m (£74m) restructure. In a report to the US Securities and Exchange Commission last week, the firm said that it was seeking to "reduce costs" because "the corporate structure and overhead of the company has grown in anticipation of a future state that did not materialise". It said: "In response, the company is right-sizing its overhead structure in all global operating units to align with the company's strategy."