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stonethecrows

300 Jobs Go At Persimmon In Wake Of Northern Rock Crisis

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Here's another from one of my favourite 'frontline' journals in the building sector:

http://www.building.co.uk/story.asp?sectio...3107707&c=1

Three office closures and review of activity levels led to 5% of workforce being made redundant

The UK’s largest volume housebuilder was forced to cut 300 jobs last year because of the slump in the housing market, it has emerged.

And that was LAST year-things are not looking too peachy for Persims about now given the rumours of site closures in recent weeks as well. It should also be noted that directly employed staff of the housebuilders only represents a small proportion of those directly suffering an immediate knock-on effect in the labour force and supply chains involved. They have a small core of technical, construction mgmt, sales and admin staff and the rest is contract. I don't see any of the other HBs fairing much better than Persimmons and this is only the beginning of the end-it's getting very messy VERY quickly!!

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Here's another from one of my favourite 'frontline' journals in the building sector:

http://www.building.co.uk/story.asp?sectio...3107707&c=1

And that was LAST year-things are not looking too peachy for Persims about now given the rumours of site closures in recent weeks as well. It should also be noted that directly employed staff of the housebuilders only represents a small proportion of those directly suffering an immediate knock-on effect in the labour force and supply chains involved. They have a small core of technical, construction mgmt, sales and admin staff and the rest is contract. I don't see any of the other HBs fairing much better than Persimmons and this is only the beginning of the end-it's getting very messy VERY quickly!!

A freind of mine worked for builders in the last downturn, was let go at a moments notice. I'm sure the lay offs are a lot higher than the published figures.

On another note, a general builder, site worker neighbour has been complaining about the lack of work for about six months now. Sadly because of the work situation he can't afford to repair his van which is making it even more difficult for him to accept anything that's available. It's shameful, when government policies lead to good tradesmen being in this position.

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A freind of mine worked for builders in the last downturn, was let go at a moments notice. I'm sure the lay offs are a lot higher than the published figures.

On another note, a general builder, site worker neighbour has been complaining about the lack of work for about six months now. Sadly because of the work situation he can't afford to repair his van which is making it even more difficult for him to accept anything that's available. It's shameful, when government policies lead to good tradesmen being in this position.

we also need to bear in mind that the majority of folk tied to the building industry are small contractors, often employing self employed specialists who bill/charge by the job. In short it's a different landscape of employment to 'last time' a lot easier to let folk go and equally as easy to fudge the 'pr' on the job stats.

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A freind of mine worked for builders in the last downturn, was let go at a moments notice. I'm sure the lay offs are a lot higher than the published figures.

On another note, a general builder, site worker neighbour has been complaining about the lack of work for about six months now. Sadly because of the work situation he can't afford to repair his van which is making it even more difficult for him to accept anything that's available. It's shameful, when government policies lead to good tradesmen being in this position.

They have been laying off for the last 2 months, the problem now is that most tradesmen are contactors on price work so we are not officially let go....there just isn't any work. This is going to be a disaster for someone like me who relies on new build.

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  • 295 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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