DWF-Acquired Spanish Firm Cuts 15 People, Terminates Trainee Programme
At least one partner is among those to leave, according to people familiar with the situation.
April 08, 2020 at 07:43 AM
2 minute read
Rousaud Costas Duran, the Spanish firm acquired by U.K. listed firm DWF at the end of 2019, has cut employees and terminated its trainee programme, according to two people with knowledge of the matter.
Known as DWF-RCD since the takeover took place in December, the firm has dismissed around 15 employees in recent weeks, according to two people with knowledge of the situation. One person affected by the decision said it is related to the impact on the business of COVID-19, but a person at the firm said no current business decision is related to the crisis.
At least one of the dismissed is a partner, and the firm has also terminated its trainee programme, the two people said.
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