The firm said: “Whilst good progress has been made in launching our brand across the US, the board has materially cut investment in marketing and other overheads to reduce expenditure to sustainable levels and begun a strategic review.”
Got a load of shareholder on the bandwagon make out the firm is peachy creamy, run the firm in the ground, take your money and do a runner scott free. How many CEO’s have done the same.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Purplebricks boss exits as online estate agent scales back expansionMichael Bruce steps down as chief executive after firm admits it grew in US too quickly
Source: The Guardian - 🏆 84. / 53 Read more »
Purplebricks shares fall as founder leavesThe online estate agency apologises for its 'disappointing' performance over the past 12 months. Do I have to pay commission to sell their shares? Splashed clay over face. Urggh
Source: BBCNews - 🏆 3. / 97 Read more »
Purplebricks needs to conquer the UK before becoming a world leader | Nils PratleyDeparture of online estate agent’s chief executive seems to signal reality biting after share price fall I'm fed up of big buisness trying to conquer small business across the world. I hope they fail and go out of buisiness. From anecdotal evidence it's a crap company with poor results. I'm surprised it's still in business.
Source: The Guardian - 🏆 84. / 53 Read more »
Purplebricks boss moves out as expansion scaled backThe online estate agency admits a series of mistakes in its expansion as it prepares to leave Australia and possibly the US.
Source: SkyNews - 🏆 35. / 67 Read more »
Lee Rigby's mum 'forced out of murdered soldier's charity retreat'LEE RIGBY’S mum says she has been forced out of the retreat she set up in the name of her murdered son. Lyn Rigby, 52, had been helping bereaved families of British servicemen after being gifted a… She isn't been made homeless, rent it like everyone else has to do Pay your Bill's same as every other person and she will still have a roof over her head Perhaps Mayor Khan’t will show some interest like he has for the Lawrence’s ,but then again it is Khan we’re talking about .
Source: TheSun - 🏆 64. / 61 Read more »
Scientology 'religious retreat' cruise ship quarantined over outbreak of measlesThe Church of Scientology ship has been quarantined in St Lucia after an outbreak of measles
Source: The Mirror - 🏆 136. / 51 Read more »
Peek inside Mark Zuckerberg's secret new £45million lakeside retreatBILLIONAIRE Mark Zuckerberg has secretly purchased a $59million (£45.3million) lakeside retreat in California. The geeky Facebook chief scooped up two neighbouring properties on the shores of Lake … Not bad compared to my 2 bedroomed semi 🤣 Did you mean “puke”?
Source: TheSun - 🏆 64. / 61 Read more »
Purplebricks may be a super brand but shares tell a different story as company apologises to investors and resetsThe property disruptor this morning announced the departure of its CEO and is reining in its international expansion, but insists its model is still sound
Source: The Independent - 🏆 80. / 59 Read more »
Viral real estate video pays off as Sydney home sells for $1.7mBuyer ‘fell in love with the place’ and paid top dollar after seeing couple dance their way through the Padstow house
Source: The Guardian - 🏆 84. / 53 Read more »
Abandoned council estate left looking 'war torn' has become a 'no go zone'Most of the residents have been moved out of the area where a taxi driver was stabbed in King's Norton, Birmingham Just another sign of the horrid lack of funding that exists everywhere that social housing exists. Great publicity for Birmingham andy4wm
Source: The Mirror - 🏆 136. / 51 Read more »
Iran warning: Tehran agents ‘on the ground’ in Venezuela - Pompeo in shock claimIRANIAN operatives have been sent to Venezuela to bolster the regime of embattled President Nicolas Maduro in the face of international condemnation, US Secretary of State Mike Pompeo has claimed.
Source: Daily Express - 🏆 26. / 68 Read more »