* Newstin.co.uk is for sale! * After achieving our strategic milestone, we are offering for sale: Newstin.co.uk and all 14 related domains featuring 1 million unique visitors per month + continuously updated news database of 37 million articles in 12 world languages from 166,000 global and weighted sources + 2.1 billion metadata * To seize this unique chance, contact invest@newstin.com. * Newstin.co.uk is for sale! *

Barratt to axe 1,000 jobs as crisis bites

Jul 4 2008 by Graeme King, The Journal THE crisis in the housebuilding industry saw Barratt announce around 1,000 jobs losses yesterday, with 50 set to go at the company’s Newcastle office. The deep cuts – more than one in seven of the company’s 6,700 UK workforce -– have been announced in the wake of all the company’s main rivals also making cutbacks. On Wednesday, the country’s biggest housebuilder Taylor Wimpey said it was cutting 900 jobs from its 4,700-strong workforce. And Persimmon from York is also considering redundancies from its North East workforce, as part of nationwide cutbacks. Barratt said yesterday it had entered consultation with its employees over the cutbacks among the group’s 6,700 staff in an overhaul of the business which will see offices in Chester and Sheffield closed. A Barratt spokesman said: “Our... [read full story]                    

Add Comment
There are also 4 related articles
View all news articles about*:
*Newstin tag cloud displays all featured persons, associated organisations, related topics, regions and companies