Internal restructuring
United Kingdom
Location of affected unit(s)
Specialised Construction Activities
Specialised Construction Activities
43.29 - Other construction installation

670 jobs
Number of planned job losses
Job loss
Announcement Date
4 September 2014
Employment effect (start)
4 September 2014
Foreseen end date
31 October 2014


Home insulation company, Mark Group has announced plans to reduce the size of its UK workforce by 670 jobs. This equates to around one-quarter of the 2,500 strong UK-based workforce, with the company reported as saying that the job losses would be spread evenly across the UK. Headquartered in Leicester, the company has launched a redundancy programme and has started a 45-day consultation period with the affected workers. An industry spokesperson from the Sustainable Energy Association attributed the job cuts to a change in the UK Government’s Energy Company Obligation (ECO) scheme. In April 2014, the UK Government announced that it would reduce the amount of investment that energy companies are required to put into energy efficiency. The policy change has seen the amount of home insulation being installed under the ECO scheme decrease by one third.



Eurofound (2014), Mark Group, Internal restructuring in United Kingdom, factsheet number 77546, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77546.