Redundancies for Markerstudy after pay cut row
The provider has blamed the impact of Covid-19 for the job cuts which follow reports of staff being forced to take pay cuts.
Markerstudy has confirmed it is making a series of redundancies due to the effect of coronavirus on the business.
The insurer, which also has a leisure business, declined to confirm how many staff were affected or say which areas of the organisation would be worst hit but it is believed around 478 jobs could be hit.
The business employs around 3,000 staff. Reports suggest that 1,000 staff have already been furloughed.
A spokesperson commented: “Within a matter of weeks Covid-19 had made a
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