REDROW homes says that 30 workers from its Preston Brook offices will be transferred to other parts of the business when the office closes at the end of September.
The remainder of the 70 Preston Brook staff will be made redundant.
Linda Bright, on behalf of Redrow, said: “The housing market continues to experience an extremely challenging environment as a result of the credit squeeze.
“With no immediate prospect of a change in market conditions, like many other housebuilders we have had to make further significant reductions in employee numbers. Š
“As a consequence of this review, we announced the proposed closure of two offices in our trading update in early July and those closures have been subject to a consultation period with staff affected.
“One of those offices is in Preston Brook which is scheduled for closure at the end of September.
“Some 70 employees, including those on site, previously worked from this office but we are pleased that just over 30 of the team will continue to work on our sites or have been transferred to other parts of our business.”