Axe falls on 150 jobs at New Charter
HOUSING Association New Charter says 150 job losses at Tameside, Manchester and Nottingham have been forced by the requirement by the Government for it to reduce rents by 1% during the next four years.
The job losses account for more than a tenth of its entire 1,000 workforce.
A New Charter spokeswoman said the job losses were because of the “level of savings required”.
She said: “Workers have been offered voluntary redundancy, but a compulsory scheme has not been ruled out by the ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...