Property Industry Eye has learned that the well known estate agency proptech company Homesearch is making an unspecified number of redundancies among its workforce.
A spokesperson for the London-based business told EYE this morning:
“Homesearch has entered into a voluntary period of consultation with some employees, with a view to making a small number of redundancies.
“In the current uncertain economic climate, this process is part of a review of business costs to secure the continued growth of the company.”
The most recent accounts (for the year ended December 31st 2021) filed at Companies House show that at that time the company ‘Homesearch Digital Ltd’ had £2.75m in cash at bank and in hand with net assets of £2.26m
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