Persimmon staff numbers to drop by 700

An ongoing recruitment freeze at Persimmon will see staff numbers fall by 700 this year as the house building giant keeps a keen eye on costs.
Build rates are currently 30% lower than last year as the market continues to struggle.
Persimmon said: “We continue to operate from a lean fixed cost base and pursue a highly disciplined approach to Work In Progress management. As a consequence, build rates in the third quarter were c.30% lower year-on-year reflecting the slower sales environment.