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Home arrow Articles by Topic arrow LandCo arrow Landco cuts staff numbers
Landco cuts staff numbers PDF Print
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Articles - LandCo
Written by Ben Thomas, National Business Review   
Thursday, 21 August 2008

Land developer Landco has shed staff following its full takeover by the Rich Lister Todd family, with chief executive Evan Davies confirming the company has restructured to meet the new business environment.

NBR understands 19 project management staff were made redundant as a result of the Todd’s buy-out of founder Greg Olliver in July.

“Given the circumstances, and the change of control, the structure of the business has changed. We think it’s appropriately set up to tackle the projects we’re involved in.”

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