Uncertainty at Norwich property group JLL Property and Asset Management as it reveals restructure plans
Jobs are in doubt at a professional services firm after it confirmed it was restructuring its Norwich base.
International property and investment group JLL Property & Asset Management has confirmed changes at its Austin and Cavell House site, off St Crispins Road.
One of the company’s accounting teams will be consolidated in Norwich while the service charge function, currently based in Norfolk, will be transferred to its global business centre in India.
A spokesman for JLL confirmed that following the completion of due diligence, a consultation had begun, but would not reveal how many of the 350 Norwich-based workers would be affected.
“This is a move that we have properly researched and considered and now have the requisite infrastructure to successfully implement. We have entered into a period of collective consultation.”
She said the company was committed to “providing property management services of the highest standard”.
“As we have only just begun the consultation process we are obviously unable to confirm exact numbers at this stage,” she said.
“However, we can confirm that it is proposed that the number of roles relocating to Norwich is greater than those moving to India.”
JLL’s Norwich office was established in 2000 and houses the group’s property team as well as acting as the hub for the UK accountancy operation.
The multi-billion dollar American company is the second-largest commercial real estate broker in the world.
The news of changes at JLL follows professional services firm PwC announcing the closure of its Norwich office, which will affect some 81 staff.
The accountancy giant’s said it had decided to leave its St James Court office by next April, but staff would be offered roles elsewhere in the business, with some being asked to work remotely.
More widely, more than 1,500 jobs have been lost or put at risk in Norfolk and Suffolk since the summer, affecting workers at Britvic, Colman’s, BAE Systems, Palmer & Harvey and the Construction Industry Training Board among others.