INTERVIEW-Ricardo CEO sees job cuts in UK, Germany

Newswire

Feb 27 (Reuters) - Ricardo Plc , an engineering and automotive consultancy group, expects job cuts at its UK engineering division and its German manufacturing segment, according to its Chief Executive. Chief Executive Dave Shemmans said the company was restructuring its German operations and cutting jobs in the UK, but emphasised that they were recruting in the other parts of the business. "It is the nature of consultants that we are often losing jobs and often recruiting," Shemmans told ...

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