Following publication of today’s lead story we have received a statement from haart CEO Paul Smith:
“We have decided not to re-open 23 physical branches at this stage; however, these areas will be covered by haart Partners working from home or Local Property Centres under our new Partnership scheme.
“We’re not closing our business in these areas, we’re just doing things differently in response to the changing market place.
“In addition, there are four locations where leases have come to an end where we have chosen not to maintain a presence.
“We are also reshaping our senior management team; there will still be 12 roles but with different responsibilities.
“Instead of 12 Regional Partners, there will be 8 Estate Agency Directors and 4 Partnership Directors, all with industry-leading remuneration.
“Existing senior managers will all be offered positions.
“Lettings and Financial Services Directors remain the same.”
Haart has confirmed to EYE that eleven members of staff are involved in a redundancy consultation process.
Comments (7)
Some of the industry commentators with an outlook on most things and a ‘family-view’ seem to be backward in coming forward…
*27 Branches.
23 not opening at this stage, 4 that they have got out of the lease already.
If i was any Haart employee i would jump ship to Connells, they have looked after their staff admirably over the last few months.
How does the shoe feel when on the other foot Paul Smith? Want to throw a few more stones in your glass house?
Just the first of many spicerhaart cuts and downsizing in the pipeline by the look of it, dressed-up to look like something positive? Pathetic.
Not convinced. What PS is saying is, not profitable for haart so lets push the burden onto a LPE to take all the risks BUT maintain our brand with the public who won’t know we couldn’t make a go of it.
Looks like all the chiefs are protected from hardship but the poor staff on the ground are the ones who will suffer the financial consequences. So much for the “Haart family” #heartless
No, not convinced at all.
Not sure anyone who has read any news over this last 10 weeks or so would fancy this at all!
And self employed, remind me, how have they got on with getting paid and supported?
Got disaster written all over it.
Anyone convinced?