Pain worsens for housebuilders as 1,000 jobs go in a week

摘要

Bellway Homes has made 370 employees redundant, bringing the number of job losses in the housing sector over the past week to almost 1,000 as the credit crunch worsens. It emerged that the Newcastle upon Tyne firm cut 15% of its 2,476 workforce shortly after Taylor Wimpey announced that it was closing 13 regional offices, making 600 redundant. Earlier this month, McCarthy & Stone and Crest Nicholson, which are each co-owned by HBOS and Scottish entrepreneur Sir Tom Hunter, cut 10% of their staff.