Housebuilder
George Wimpey is to cut 400 jobs and close nine regional offices as part of a
restructuring exercise.
The
company will reduce the number of its operating regions from 29 to 21 following
the merger of its Wimpey and McLean Homes operations.
Two
regions will go from both the north of England and Scotland and Wimpey’s south
Wales office is also to close, with work to be managed from the south west.
Wimpey
revealed details of the restructuring programme with the announcement of its
pre-tax profits, which increased by 30 per cent to £146 million in the year to
the end of December.
All
the jobs to be axed are in management and administration roles and none of
Wimpey’s 1,700 strong site workforce will be affected.
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By
Ben Willmott
