Guardian: Barratt culls 1,000 jobs
Guardian: Barratt culls 1,000 jobs Barratt, like other housebuilders, is struggling to cope with a 60% dive in housing starts since June last year. It is also weighed down by £1.8bn of debt, which has combined to push down its share price by 84% in two months to 42p.The company held meetings at hotels around the country today at which staff were told of the changes.
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