CBRE has started redundancies across its
UK advisory business as part of a restructure of the business in the wake of
the coronavirus pandemic.
The agent reopened its offices at the
end of May, after two and a half months in lockdown.
CBRE’s UK advisory employees at its
corporate offices were the first to work from home, starting 16 March.
Those roles are now under review as the
business looks to recover post-pandemic.
A spokesperson said the move was “part
of a strategic review to optimise the structure of the business and respond to
the impact of Covid-19 on market activity”.
They said: “CBRE will take every
opportunity to mitigate the impact of proposed redundancies and will provide
the necessary support to those affected during this period of change. CBRE will
continue to invest in the business when opportunities arise and remains well
positioned to advise clients during these challenging times.”