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Evening Standard
Evening Standard
Holly Williams

Vistry cutting jobs and more than halving regional network after hefty losses

Vistry is leaving the private home sales market in the South East (PA) - (PA Wire)

Housebuilder Vistry has warned over more job cuts as it looks to save another £50 million after slumping to a half-year loss of over £660 million and warning over full-year profits.

The group’s new boss Adam Daniels announced sweeping changes to turn around the troubled builder’s fortunes, including cutting its regional operations from 25 to 12 and leaving the private home sales market in the South East.

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