Current status: Answered by Neil Gray on 10 May 2023
To ask the Scottish Government what its response is to reports that the Edinburgh-headquartered, FTSE 250-listed company, Capricorn Energy, may reduce its UK workforce by 75% to approximately 40 staff, which would involve 120 redundancies.
In the unfortunate event of any employees facing redundancy, the Scottish Government will always offer and provide support through our initiative for responding to redundancy situations, Partnership Action for Continuing Employment, PACE.
Through providing skills development and employability support, PACE aims to minimise the time individuals affected by redundancy are out of work. In this instance Capricorn Energy have confirmed that they are providing bespoke support to all affected employees and will not be accessing the services provided by PACE.