Laid off workers will soon be retired from their jobs at Cal Urban construction, with the company aiming to re-open the office by the end of this year.
Sources said the decision was taken by Cal Urban on Friday following a meeting with workers, and that a final decision would be taken by the company’s board of directors next month.
A total of 2,100 employees, including 1,800 who have been laid off, will be able to get their jobs back by the middle of next year, the company said.
Cal Urban said the company has had to cut costs and focus on the delivery of projects because of the high level of unemployment.
The company has been hit by a wave of job cuts, with hundreds of jobs being axed in the construction industry in the past three months alone.
It said the re-opening of the office would also help to provide additional jobs for its 1,200 staff.
The announcement comes after a wave in job cuts hit the construction sector in the UK, as the country struggles to keep its population up.
The number of laid-off workers was also a key issue in the Brexit referendum, as businesses have been reluctant to hire and retain employees after years of austerity measures.
A separate survey conducted by the Office for National Statistics found that more than 4,000 workers across the UK are unemployed, with more than 5,000 laid off.