UK: Hanson, the UK subsidiary of HeidelbergCement Group, has announced that it will have to make job losses after a fall in demand. Hanson told its workers that demand for its core products, including asphalt, concrete and cement, had fallen by more than 10% during 2012 and that 2013 is likely to be worse.
The company said that it would have to take steps to balance the size of the business by reducing capacity and bringing overheads into line, moves that would 'inevitably' result in job losses.
An announcement on restructuring proposals will be made by the end of October 2012, with no details available yet on the number of job losses. The GMB union said it feared that hundreds of jobs will be lost.