Tag: staff layoffs

Property Giant Lendlease to Lay Off 740 Employees

Lendlease is cutting 10 percent of its global workforce as the real estate giant works to implement a five-year turnaround plan. A Lendlease spokesman on Tuesday confirmed the company will lay off about 740 people. Overseas workers will take the brunt of the job losses, with five percent of the company’s Australian staff receiving redundancies. The spokesman declined to state ...

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