Consultancies caught in economic downturn

The recession is taking its toll on environmental consultancies. A year of retrenchment is in store for many, with job losses expected in those sectors most exposed to the downturn.

Environmental consultancies are facing up to the impact of recession, with many undertaking cost-cutting, redundancy programmes and reorganisations, as the downturn intensifies.

In a report issued in January, analysts Plimsoll said 100 out of 665 UK environmental consultancies it looked at were in financial danger. Of these 100, 32 increased their debts in 2008 and 71 were losing money. And, with the sector suffering from over capacity,

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