‘We knew this was coming’. Hundreds of job cuts loom

On this week’s episode of EG’s We’re Still Here podcast, deputy editor Tim Burke joins host Emily Wright for a round-up of the week’s big news. And there is no sugar-coating this one. As the severity of the Covid-19 fall-out on the real estate sector looms, Burke delves into the possible extent of widespread industry redundancies. From JLL to Knight Frank, CBRE and Avison Young, major agencies have put hundreds of roles at risk as they look at reshaping their businesses for the post-pandemic world. With cuts currently expected across the businesses, Burke discusses who is at risk, before urging the sector to act with compassion and kindness in already challenging and unprecedented times. Trying to find a silver lining, we also discuss how the industry’s talent might potentially be redeployed to reflect the changing shape of the sector and the wider world. For more tune into this week’s episode of We’re Still Here. To send feedback, e-mail emily.wright@egi.co.uk or tweet @EmilyW_9 or @estatesgazette