Taylor Wimpey has started consulting staff on changes to local teams that could lead to redundancies.
The housebuilder told Construction Enquirer the proposals were a response to difficult market conditions and aimed at improving efficiency.
The Enquirer reported on 9 November that potential job losses would be spread nationwide. No total has been disclosed, and the company statement did not identify affected occupations or locations.
Taylor Wimpey said the changes could result in “some limited redundancies” and pledged a fair consultation across affected teams.
It added: “We recognise this is difficult for those involved and are providing dedicated support throughout.”
Pressure on margins
In its half-year results on 31 July, the group reported adjusted operating profit of £129.7m, down 19.4% on a year earlier.
It narrowed its forecast for UK completions in 2026, excluding joint ventures, to between 10,600 and 10,800 homes, within the lower half of its previous range.
The company said at the time that affordability pressures were weighing on demand and expected build cost inflation of around 3% to 4% for the year.
Taylor Wimpey lists its next trading update for 11 November.
