Latest News About Vistry launches voluntary exit

An enhanced voluntary exit program for non-managing-director staff was launched by Vistry Group to preserve cash and reduce debt occurs after the share buyback was paused with first-half profits forecast to be much lower than the previous year and an operational review is scheduled for 24 September The firm says the scheme may be the right outcome for employees and the business as it moves forward primary aim remains cash preservation and debt reduction Market context notes shares slide amid updates with management reviewing outlook and strategy The voluntary exit scheme could reduce headcount gradually to preserve financial flexibility for Vistry Group