Ritblat Firm Wields the Jobs Axe As Crisis Bites

Summary


COMMERCIAL property consultant Colliers CRE today announced 70 job cuts in London as it battles the worst crisis in the market for decades.

The firm, led by the grand old man of British property Sir John Ritblat, said it was shedding 10% of its 700-strong workforce in the West End and the City, having already axed more than 100 agents and administration staff around the world.

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Extract


Ritblat Firm Wields the Jobs Axe As Crisis Bites

Some of those facing the chop include senior managers who earned more than [pounds]100,000...

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