Archives for Vistry Partnerships

Vistry plans 100 job cuts in post-merger rationalisation

Vistry plans 100 job cuts in post-merger rationalisation Operations have already been simplified from 17 regional business units to 13, with most of the approximately 100 planned cuts foreseen by the central services. Announcing a 12% increase in pre-tax profit to £ 188 million last year, CEO Greg Fitzgerald said that the integration of Bovis, Linden Homes and Galliford Partnerships’ business was already well advanced. Earnings growth occurred against the backdrop of downward pressure on house prices in the second half of 2019. This was partially mitigated by the combination of group building cost savings initiatives and the lack of
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