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JLL job cuts

Series: Estates Gazette ; (0145) 10 November 2001, 35-36(2)Publication details: 2001Subject(s): Summary: Following 3Q losses of $6.2m, Jones Lang LaSalle announces it will cut its workforce by 9%, with between 50 and 90 staff facing redundancy in the English division and up to 140 staff in Europe. Insignia Richard Ellis and Atis Real Weatheralls have ruled out immediate job cuts following JLL's decision, although Knight Frank warned that JLL would not be the last big agent to make redundancies.

Following 3Q losses of $6.2m, Jones Lang LaSalle announces it will cut its workforce by 9%, with between 50 and 90 staff facing redundancy in the English division and up to 140 staff in Europe. Insignia Richard Ellis and Atis Real Weatheralls have ruled out immediate job cuts following JLL's decision, although Knight Frank warned that JLL would not be the last big agent to make redundancies.