Type
Internal restructuring
Country
United Kingdom
Region
Location of affected unit(s)
Sector
Information / Communication
Computer Programming, Consultancy And Related Activities
Computer Programming, Consultancy And Related Activities
62 - Computer programming, consultancy and related activities

60 jobs
Number of planned job losses
Job loss
Announcement Date
24 October 2008
Employment effect (start)
Foreseen end date

Description

Rightmove, a company that advertises property on the internet, has announced that it is to cut 60 jobs. Currently 313 people work for the company, which has attributed the job losses to the slowdown in the UK property market. As of 26 October 2008, it has not been announced when or at which offices these redundancies will occur.


Sources

  • 24 October 2008: Financial Times
  • 24 October 2008: The Guardian

Citation

Eurofound (2008), Rightmove, Internal restructuring in United Kingdom, factsheet number 67273, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67273.