Vistry is to lay off around 100 staff as it seeks to find efficiencies following its £1.1bn November merger with rival Countryside, the firm’s new chief operating officer has revealed.

Earl Sibley told Housing Today that the £2.4bn turnover firm had estimated that around 4% of the combined business’s 5,000 staff - approximately 200 people - would be put on notice of redundancy as part of the integration process of the two firms, though the ultimate figure to leave the firm will be lower. A spokesperson for Vistry later clarified that around 100 people or fewer are ultimately expected to depart the business.

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