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One of the country’s most prominent builders will lose nearly a tenth of its workforce, due to growing concerns about Australia’s construction industry. Key points: Metricon has told its workforce it is “restructuring” More than 200 jobs will be started Concerns continue about Australia’s construction industry Metricon was forced to defend itself against rumors of bankruptcy just a few months ago. The company has now notified its roughly 2,500 workforce that it is restructuring. This move will impact 9 percent of its workforce. It worked for more than 200 jobs. Most of the roles that will be taken are not in the building or construction itself, but in front of homework such as sales and marketing. In a statement, Metricon’s acting chief executive Peter Langfelder said the company was contracted to build 6,000 homes. “We are working to restructure our business front end given the current climate and the need to move forward more efficiently,” he said. Australia’s commercial and resident

Construction giant informs staff GRADUATES that they will be fired via Microsoft Teams – as building company confirms major ‘restructuring’ Metricon announces it will reduce NSW sales staff to 18 employees Redundancy and transfer payments are not offered to 15 trainee staff In a statement read to staff, Metricon said his decision was not made ‘lightly’. By Antoinette Milienos For The Australian Daily Surat Published: 03:37 EDT, August 2, 2022 | Updated: 03:38 EDT, 2 August 2022 Building giant Metricon has laid off dozens of its sales staff via online video chat as the company confirmed it was under restructuring and would be giving up jobs. In a Microsoft Teams video chat on Monday, Metricon told its staff it would cut its NSW sales team, which has roughly 60 employees, to 18 and would release 15 trainee sales consultants. Staff who cannot be rehired are offered redundancy payments while trainee staff are laid off wit