BusinessPeople In BusinessGT?wields the axe

GT?wields the axe

GRANT THORNTON has been pretty pleased with itself over acting quickly in taking the hit of redundancies, which led to it booking strong profits growth in October 2010.

“We acted earlier than others and this is reflected in our 40% growth in pre-tax profits for the year and against the backdrop of the recession we have done well,” said GT CEO Scott Barnes at the time.

But, given that the firm has just announced as many as 30 job losses from restructuring its personal tax division, will the firm say it is acting quickly again, or that it just missed a bit the first time around?

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