PropertyEU

Conwert unveils cost reduction programme, axes 50 jobs

By A staff reporter 2009-02-24T00:00:00

Conwert Immobilien Invest said on Monday it is making 50 staff redundant as part of a programme to optimise costs and increase efficiency. The company is seeking to reduce general administration expenses by around 10-15% this year and to reduce total costs to 11-12% of revenues in 2009, from 14% ...

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