Latest News About Vistry launches voluntary exit

Vistry Group opened an enhanced voluntary exit scheme for staff below managing director level as part of cash preservation and debt reduction occurs after the share buyback was paused and an expectation that first-half profits will be significantly lower than last year and an operational review is scheduled for 24 September The firm says the scheme may be the right outcome for employees and the business while it moves forward its primary aim continues to preserve cash and reduce debt Market updates show shares sliding as news emerges while management reviews options and outlook The program could trim staff gradually and help maintain financial flexibility for the group