Two operating divisions could be closed as part of proposals.
One of Britain's biggest housebuilders is planning widespread redundancies and the closure of two regional divisions as it battles a slump in demand from new buyers.
Bellway is consulting on the proposals, which would involve the closure of its London partnerships and South Midlands divisions."In response to current market conditions which have caused a slowdown in the sales market and a reduced output for house building, we have today announced proposals to make some structural changes across our business," the company said in a statement.
"This includes the potential closure of two of our operating divisions, with sites being transferred to other divisions, a reduction in capacity in a third division and a limited number of role reductions across the business.
Belgique Dernières Nouvelles, Belgique Actualités
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