Vistry offers staff redundancy deals as cash squeeze intensifies

Housebuilder Vistry Group has offered voluntary redundancy packages to employees as it seeks to preserve cash and reduce debt, according to a report by the Financial Times.

The FT reported that staff were emailed this week and offered enhanced redundancy terms, including up to two months' pay plus an additional payment, under a voluntary exit scheme.

Employees have until June 23 to apply, according to the report.

The move... 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...