Vistry to cut 200 jobs as it thanks supply chain for ‘productive discussions’ over price cuts

By Carl Brown2023-10-23T11:30:00

Housebuilder to rejig partnerships business and addresses controversy over reductions on suppliers’ bills

Vistry has announced it will cut around 200 jobs as a result of its restructuring to focus on affordable housing partnerships.

The housebuilder, in a trading update to the City today, also said its plan, which will see it close five regional business divisions, will mean a £40m hit to its profit.

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