The company explained the layoffs were due to the suspension of an undisclosed power plant project in the Asia-Pacific region. After suspension of the Asian project, employees were shifted to other projects, but the company decided layoffs were needed. ``When a contract is suspended, we have very little choice but to reduce staff to meet diminished work requirements,'' said Chairman and Chief Executive Len Rodman.
Black & Veatch designs and oversees construction of major public works projects. Last month, the company announced plans to restructure the company into four divisions: engery, water, information and corporate center.
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