Bellway is cutting jobs and doing away with two divisions as a response to the slowdown in house building and sales.
It’s thought the housebuilder will cut 90 jobs among its 3,000-strong workforce, according to Sky News.
Bellway said in a statement: “In response to current market conditions which have caused a slowdown in the sales market and a reduced output for house building, we have today announced proposals to make some structural changes across our business.
“This includes the potential closure of two of our operating divisions, with sites being transferred to other divisions, a reduction in capacity in a third division and a limited number of role reductions across the business.
“A process of consulting with those potentially impacted has begun today.”
Taylor Wimpey similarly said it was considering job cuts earlier this year, while Vistry, a housebuilder specialising in low-cost housing, is also planning to cut around 200 jobs.