Eleco Announces Organizational Restructuring to Strengthen Long-Term Growth

LONDON - Aug. 9, 2026 - PRLog -- Eleco plc (AIM: ELCO), the specialist software provider for the built environment, today announced a strategic organizational restructuring program designed to strengthen the business following a period of challenging trading conditions and ensure it is well positioned for long-term sustainable growth.

The program will simplify the organization, improve operational efficiency and create a more agile business capable of responding effectively to changing market conditions and customer needs.

As part of the restructuring, Eleco expects to reduce its global workforce by approximately 20%. The changes will be implemented over the coming months across a number of business functions and geographic locations, subject to appropriate consultation processes.

The restructuring is expected to generate significant ongoing cost and efficiency savings while allowing Eleco to focus resources on the areas that offer the greatest opportunity for sustainable growth and customer value.

Jonathan Hunter, CEO of Eleco, said:

"These are difficult decisions and they have not been taken lightly. We recognize the impact they will have on valued colleagues who have made important contributions to Eleco, and we are committed to supporting those affected throughout the process.

"Against a challenging trading backdrop, we need to ensure Eleco has the right structure and cost base to compete effectively and invest for the future. These changes will create a simpler, more efficient and more resilient organization, giving us greater clarity over where we invest and enabling us to respond more quickly to the needs of our customers.

"Our purpose remains unchanged. We are focused on creating certainty for the built environment by giving our customers the technology, information and insight they need to make better decisions throughout the asset lifecycle."

Eleco confirmed that consultation processes will take place where required and that affected employees will receive appropriate support throughout the transition.

The company remains committed to its customers and continued investment in its software portfolio. By simplifying its operating model and concentrating resources on its strategic priorities, Eleco expects to improve productivity, accelerate decision-making and strengthen its ability to deliver innovation and value for customers.

Through its portfolio of specialist software solutions, Eleco will continue to support organizations across the built environment in managing increasingly complex projects, assets and operational requirements with greater confidence and certainty.

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https://www.eleco.com