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ALMO could axe 80 jobs in restructure
An ALMO in the North East is considering cutting 80 jobs as part of a cost-saving restructure.
Your Homes Newcastle (YHN), which manages 26,700 homes on behalf of Newcastle City Council, hopes to save £2.3m through cuts to staff and changes to services.
The proposed restructure will mean residents access more of the landlord’s services online.
Staff and managers at YHN in its finance and commercial, customer services and assets and development departments are being consulted on the changes.
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“This restructure is an important part of work we are doing at YHN to improve our services to customers,” said Tina Drury, managing director at YHN.
“This may include job losses that are compulsory rather than voluntary, so we have put in place a range of support options for staff that are leaving YHN or moving to new roles here.
“In common with many other public sector organisations our budgets have come under increasing pressure. We have been successful in reducing our costs by 5% in each of the past three years, but want to go further so that we are ready for the future challenges that we need to meet.”
According to a report which went before the council’s cabinet on 20 November, YHN’s management fee will be cut by 5% from £22.9m to £21.9m in 2018/19, while rental income is expected to fall by £1.6m to £96.5m.
It is the first major review of the ALMO since it was formed in 2004. A new executive team has joined the organisation in the past year.
YHN also underwent a board restructure during the summer to eliminate places reserved for tenants.
