The Manchester-based firm confirmed the figure today after weeks of speculation about the scale of the cuts needed in the face of the housing downturn.
Jobs have been lost, not just at its Castlefield headquarters but across all its regions and in all areas of the business.
In Manchester, Splash's biggest commitment is in East Manchester where it is lead developer on the much-vaunted new Millennium Community of New Islington, which is scheduled to provide 1,700 new homes.
While work on the distinctive Chips building is continuing, only six of the 20 individual building plots for Tutti Frutti have been sold and it is unclear whether work on new family housing there will start.
Staff at the Midland Hotel in Morecombe are not thought to be affected by the job cuts.
Tweet
Showing comments 1 to 2 and replies | View All
Mad Angela, St George's, Hulme , (13/11/2008 at 19:08)
naz, Manchester (15/11/2008 at 12:11)
There was an over-reaction as greedy developers saw $$$$ in their eyes, and put up ugly cheap blocks on the fringes of the City centre in derelict areas.
Now we have an over-reaction the other way. In 12 months time we'll have shortages again