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Persimmon to axe 1100 jobs as home sales fall 3%

Persimmon hammered the beleaguered house-building sector with more grim news yesterday, saying that it planned to cut 1100 salaried staff - a quarter of its workforce as first-half home sales fell 31%.

Persimmon hammered the beleaguered house-building sector with more grim news yesterday, saying that it planned to cut 1100 salaried staff - a quarter of its workforce as first-half home sales fell 31%.