Vistry to lay off around 100 staff following Countryside takeover

By Joey Gardiner2022-12-16T12:37:00

Source: Shutterstock

Redundancies come under plans for enlarged firm to save £50m annually

Vistry is to lay off around 100 staff as it seeks to find savings following its £1.1bn merger last month with rival Countryside, the firm’s new chief operating officer has revealed.

Earl Sibley told Building’s sister title Housing Today the £2.4bn turnover firm had estimated that around 4% of the combined business’s 5,000 staff were likely to be made redundant as part of the integration process between the two.

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