Foster + Partners, the London-based practice founded by Pritzker Prize-winning architect Norman Foster, is laying off between 300 and 350 people due to the worldwide economic slowdown—a move that will reduce the company's workforce by nearly a quarter. The firm also is closing its Berlin and Istanbul offices, according to a spokesperson.
“A number of our international clients have fallen victim to the current economic climate, said the firm’s chief executive, Mouzhan Majidi, in a formal statement. “After the eventual necessity to make reductions the company will still be at a similar size to that of 18 months ago.”
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