Aldgate Tower, Ince HQ Ince Axed '25%' of Admin Staff Post-Merger, Now it Plans More Cost-Cutting
The firm is targeting a ratio of 30% overheads to revenue, its chief finance officer said.
August 12, 2020 at 10:06 AM
3 minute read
The Ince Group intends to reduce its overheads further despite making a wave of back-office staff cuts after its merger last year, the firm has told investors.
In a presentation following the firm's annual results at the start of August, group chief financial officer Simon Oakes told investors that the firm intends to bring firmwide overheads down to a level of 30% compared to revenue "in time".
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