© Reuters. Deloitte offices can be seen in London
(Reuters) – Global accounting and advisory firm Deloitte will close four of its 50 UK offices in the coming months as the company reviews its real estate portfolio amid the coronavirus pandemic. However, no jobs will be lost due to the closure.
COVID-19 has changed the working lives of millions of people around the world, many of whom have moved from office to home work. This has reduced the demand for office space and has led companies to refuse to renew leases.
Deloitte said it will close its offices in Gatwick, Liverpool, Nottingham and Southampton, where around 500 people work.
"COVID-19 has accelerated our future work program and prompted us to review our real estate portfolio and use of our offices across the UK, including London," said Stephen Griggs, Deloitte Managing Partner in the UK, in an emailed statement .
He said that all employees in the four locations that are slated to close will continue to be with Deloitte, adding that "any proposed change will affect our 'bricks and mortar', not our presence in those regions".
The Financial Times, which first covered the closings, said the affected employees would be relocated to other locations or offered full-time remote working.
The company did not provide any further details.
In April, Deloitte announced it would cut wages for partners in its UK companies by 20% to protect jobs during the coronavirus crisis.
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