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Zoopla proposes to cut 30 roles from its 850-strong workforce

Company is tight lipped about why the reduction is taking place, but wants to be 'transparent and respectful' to employees facing chop.

Nigel Lewis


Zoopla has announced that 37 of its 850 employees have been told this morning that they all now face a consultation period as the portal seeks to cut the number of roles by 30 across the business.

Its spokesperson says this will impact less than 4% of the company’s total workforce.

They also say Zoopla has decided to go public with the announcement in a bid to be transparent and ‘out of respect for our affected colleagues’.

In the past, when other large companies have made announcements like this, employees have found out via trade media than through official channels – and Zoopla wanted to avoid this.

Hiring bonanza

Two and a half years ago the company’s strategy was very different. In 2020 it hired 120 extra staff, taking its headcount at the time to over 750 people across the UK, making it a larger employer than Rightmove which has approximately 500 employees including at its swish London HQ near Tower Bridge. It now has 100 more than that – 850.

The extra people were hired to execute Zoopla’s growth plans set by its US owner, investment firm Silver Lake Partners, and had a tech focus including a need for software engineers, user experience professionals and data analysis specialists.

The company also bolstered its marketing, customer success and other business support functions, and says it want to ‘reinvigorate’ the home buying process and offer a better experience for its agent customers.

This headcount reduction may be also linked to the tough conditions within the energy switching markets, which its sister company Uswitch has faced as the fuel crisis and rising energy costs have all but obliterated the energy switching business.

June 23, 2022

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