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KBR braced for job losses

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BRITISH ENGINEERS at consultant KBR could face redundancy as part of a major shake up at the US owned company, a spokesman confirmed this week.

Others face changes to working conditions including limits on holiday entitlements, new pension arrangements and increases in contracted working hours.

'The company is undertaking a series of measures in relation to its global operations, ' said a KBR spokesman. Similar actions are expected at other KBR offices and divisions globally.

In the UK, managers are due to complete a 90 day consultation with staff representatives by the end of February. Details will then be finalised.

The move follows the announcement last September of a major restructuring operation by KBR's US parent Halliburton.

The following month Halliburton announced that its engineering and construction division had made a third quarter loss of $342M (£180M), compared with third quarter losses of £62M in 2003.

In 2004 the engineering and construction division made a full year loss of £18.9M

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