EYE can reveal that some formal redundancy consultations are under way at OnTheMarket.
Over the weekend we asked the company to confirm or deny that consultations are taking place and we received the following statement from acting CEO, Clive Beattie.
The emergence of COVID-19 has affected all of us and through these challenging times my colleagues have shown exceptional resilience.
We responded quickly through a number of considered measures including the selective use of the Coronavirus Job Retention Scheme and the curtailment of discretionary marketing spend.
Despite that, uncertainty remains and business practices have changed for the foreseeable future.
Regrettably, we are therefore considering a small number of redundancies to ensure that we are best placed to support our agents for the long-term.
An OnTheMarket spokesperson later confirmed the Company is: ‘Consulting with a small number of employees’.
Comments (3)
We dropped Rightmove earlier this year and replaced them with OTM. We are getting far more leads from OTM than we ever had from Rightmove and I’ve saved £1,000’s, just saying.
Regrettably, we are therefore considering a small number of redundancies to ensure that we are best placed to support our agents for the long-term.
How are less staff going to give better support. I never hear anything from OTM as it is. Just counting down the years until we can ditch them.
Its a pitiful attempt at a property portal.