Workers at the stricken contractor have taken to LinkedIn looking for new roles following events at the firm.
Main business Geoffrey Osborne filed a notice of intention to appoint an administrator last week with other group companies following suit shortly afterwards.
Osborne said it is currently in talks with interested parties “with the ambition that aspects of the business will be sold and will continue to trade.”
But yesterday green “open to work” flags started appearing on the LinkedIn profiles of Osborne staff .
The famous industry name was founded in 1966 by civil engineer Geoffrey Osborne and its main shareholders are still the Osborne family.
Latest published accounts for the firm showed a turnover for the year to September 30 2021 of £325.8m generating a pre-tax profit of £2m while employing 800 staff.
Last year group chief executive Mark Hoyland stepped down after just one month in the top job while its offsite business Innovaré was sold to Bowmer & Kirkland.
The expanding Cardo Group also bought Osborne Property Services Limited (OPSL) last year while its infrastructure business was sold in 2021.