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Knight Frank prepares for job cuts

Knight Frank has entered a redundancy consultation process with staff.

The agency and property brand has said up to 3% of roles are at risk.

Will Beardmore-Gray, senior partner and group chair at Knight Frank, said: “Today we announced a consultation process, which puts up to 3% of roles across the UK business at risk of redundancy. 


“Such steps are never undertaken lightly, and I know it will be an unnerving time for those affected. 

“This difficult decision has been taken in order to future-proof the firm and focus on the strategic activity that delivers the long-term insight, expertise and service that our clients deserve and value.”

It is the latest property brand to make cuts amid the tougher economic climate and slower housing market.

LSL said in May that around 30 people will lose their jobs as a result of its switch to a fully franchised model.

Purplebricks also launched a redundancy consultation with staff in August following its takeover by Strike.

  • icon

    Countrywide Surveyors are also making people redundant.


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