Housebuilder declines to put number on planned lay-offs
Avant Homes has confirmed plans to make redundancies in one of its eight operating regions.
The 拢667m turnover housebuilder said it was engaged in a 鈥渢argeted reorganisation鈥 to reduce some 鈥渃lear regional overlap鈥.
It said this process meant that some office-based roles in the Central region, which covers parts of the East Midlands and South Yorkshire, would 鈥渘o longer be required鈥.
鈥淲e have therefore started a redundancy consultation process with those colleagues who may be impacted by this change and will be providing them with support throughout,鈥 a spokesperson said.
Avant refused to disclose the number of potential redundancies 鈥渄ue to the ongoing consultation process鈥 and said it was 鈥渃ommitted to the redeployment of people鈥, with 鈥渁 number of new roles鈥 being considered as part of the consultation process.
Last July, the by 拢43m when it was acquired by Berkeley DeVeer and Elliott Advisors in 2021.
According to an annual report filed at Companies House by Viva Midco Limited, Avant鈥檚 parent company, new directors at the business 鈥渋dentified material errors鈥 in the reporting period to 30 April 2021 and before that.
The revelation came weeks after Avant, which is run by former Persimmon boss Jeff Fairburn, ultimately dropped, to merge with its rival.
Avant recently opened a new region in South Wales and is currently growing its outlet network in the area.
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