Intu slashes head office roles as future of centres hangs in the balance
Embattled landlord Intu has slashed jobs at both its London head office and one of its subsidiary property companies after collapsing into administration earlier this month.
Retail Week can reveal that Intu has cut 46 roles from its group head offices in London, as well as a further 15 jobs at its Broadmarsh centre in Nottingham, after the owning property company entered compulsory liquidation.
This follows the resignation of Intu’s former chief executive Matthew Roberts, who stood down two weeks ago having failed to renegotiate with lenders on debt repayments.
A spokeswoman for administrator KPMG said that at the time the landlord fell into administration on July 3, there were approximately 370 people working at Intu’s head office.
Already have an account? Sign in here