Zoopla Enters Consultation Period - For Third Time This Year

October 20, 2022
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Zoopla says 68 jobs are at risk of redundancy after the portal entered a consultation period for the third time this year.

The portal blamed the need to enter a consultation period on "economic headwinds" as the company completed significant investments in its Transformative Vision, including 120 hires at the Vision's 2020 launch.

But Zoopla now faces the unenviable position of being the portal that cut more than 100 jobs in 2022: it put 12 jobs on the line in January and a further 37 in June, with rumours that Zoopla is downsizing its operation after meeting certain milestones.

January's consultation period set its sights on the portal's software division when it migrated its agent software onto one platform, while July's consultation involved a non-specific number of departments but did affect more roles.

In a story first appearing in UK-based publication The Negotiator, Zoopla made the announcement after a meeting at its London HQ, with a spokesperson saying the consultation period "will involve exploring ways of avoiding redundancies."

Zoopla's full statement is below.

"Over the last 2-3 years we have made significant investments to lay the important groundwork to help us achieve what we committed to in our Vision.

"With this work now completed, and economic headwinds impacting us all as businesses and consumers, it’s time for us to look to recalibrate the roles in our organisation to align to the next chapter in our journey.

"We wanted to share this with you directly in the interest of transparency and also out of respect for our affected colleagues."

 

 

October 20, 2022
Harvey is an experienced property journalist and copywriter. He has written about the property industry since 2015, starting at The Property Franchise Group in the UK, before moving to Spain to work for Spotahome. He has blogged for the private rented sector, ghostwritten for UK property experts and written case studies for franchise owners around the UK. Harvey joined Online Marketplaces as a News Editor in 2022.

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