EMCC European Monitoring Centre on Change

Spicerhaart Group

Company/Organisation:
Spicerhaart Group

Geographic Location

Country: United Kingdom

Company

Sector: Real estate
Real estate activities
68.31 - Real estate agencies
Number Employed: 2050
Group: Spicerhaart Group

Employment Effects

Announcement Date: 21-03-2020
Planned Job Reductions min: 300
Type of Restructuring: Closure
Employment Effect Start: 21-03-2020
Direct Dismissals: 300

Additional Information

The Spicerhaart Group, the British estate agency and financial services company, has cut over 300 jobs across the UK with immediate effect in the wake of the Covid-19 outbreak.

The company’s CEO has said that he was sorry about the redundancies, but the company had to take this difficult decision early to save the business and added that some branches are expected to be closed permanently. In so far, the company’s remaining 1,750 employees continue to work from home.

Spicerhaart is the UK’s largest independent estate agency with branches across England and Wales.
 

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