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Mace to cut 300 jobs

Mace is to cut 300 jobs in response to the coronavirus crisis, in what chief executive Mark Reynolds said was one of the “hardest decisions” the firm’s leadership had ever had to make.

The job losses – which are the equivalent of around 5% of its workforce – are expected to come from both its UK and international operations over the next three months. Mace said it was doing "everything it can" to ensure that people are able to take new roles elsewhere within the business.

Reynolds said the company had already found new roles for around 150 people but warned that redundancies across the group were unavoidable.

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