{"id":35691,"date":"2023-09-13T08:28:32","date_gmt":"2023-09-13T07:28:32","guid":{"rendered":"https:\/\/www.ispreview.co.uk\/?p=35691"},"modified":"2023-09-13T17:06:11","modified_gmt":"2023-09-13T16:06:11","slug":"job-cuts-at-persimmon-homes-spread-to-uk-full-fibre-isp-fibrenest","status":"publish","type":"post","link":"https:\/\/www.ispreview.co.uk\/index.php\/2023\/09\/job-cuts-at-persimmon-homes-spread-to-uk-full-fibre-isp-fibrenest.html","title":{"rendered":"Job Cuts at Persimmon Homes Spread to UK Full Fibre ISP FibreNest UPDATE"},"content":{"rendered":"<p>Broadband ISP <a href=\"https:\/\/fibrenest.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">FibreNest<\/a>, which is the Fibre-to-the-Premises (<a href=\"https:\/\/www.ispreview.co.uk\/index.php\/link\/fttp\">FTTP<\/a>) operator for <a href=\"https:\/\/www.persimmonhomes.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Persimmon Homes<\/a>&#8216; new build UK housing sites, appears to have become the latest alternative network provider to suffer some redundancies. But in this case the reason isn&#8217;t quite the same as we&#8217;ve seen elsewhere, and the scale is smaller.<!--more--><\/p>\n<p>The network, which was started five years ago and is today available across several hundred UK locations (Persimmon&#8217;s new build developments), hasn&#8217;t furnished us with a progress update in the past year. But the last update in September 2022 revealed that they&#8217;d managed to sign-up 25,000 customers.<\/p>\n<p>However, over the past few days and weeks we&#8217;ve seen a number of FibreNest&#8217;s staff report being made redundant, but this appears to be more a reflection of issues within the wider UK housing market &#8211; and at parent Persimmon Homes &#8211; than with the AltNet itself. The redundancies are also at a smaller scale than those recently observed at other alternative broadband networks, although exact figures are unclear.<\/p>\n<p>Many alternative <a href=\"https:\/\/www.ispreview.co.uk\/index.php\/link\/fttp\">FTTP<\/a> networks are currently experiencing a lot of strain and instability &#8211; due to rising build costs and competitive pressures, which can result in job losses as deployment plans evolve or slow. But in this case the main cause of FibreNest&#8217;s issues appear to stem from the downturn at Persimmon Homes.<\/p>\n<p>Last month saw the UK&#8217;s largest housebuilder cut nearly 300 jobs as a result of weak housing demand &#8211; partly linked to the Government&#8217;s prior autumn mini-budget and the cost-of-living crisis, which forced Persimmon Homes to hunt for cost savings. Jobs are often one of the first areas to suffer (the house builder employs around 5,800 people), although at the time it wasn&#8217;t clear whether this would impact FibreNest too, but it has.<\/p>\n<p>As a side note. FibreNest&#8217;s fastest package is still only a 500Mbps (50Mbps upload) tier, despite every other <a href=\"https:\/\/www.ispreview.co.uk\/index.php\/link\/fttp\">FTTP<\/a> network deploying at least 1Gbps. We&#8217;ve asked Persimmon Homes for a comment and await their response.<\/p>\n<p><strong>UPDATE 5:04pm<\/strong><\/p>\n<p>We&#8217;ve had a statement from FibreNest.<\/p>\n<blockquote class=\"bq1\"><p><strong>A FibreNest spokesperson told ISPreview:<\/strong><\/p>\n<p>&#8220;We have taken the difficult decision to restructure operations to ensure we can continue to deliver the highest level of service for our customers.<\/p>\n<p>A consultation process is ongoing which impacts a very small number of colleagues. We will be working closely with them throughout the process to ensure they are provided with all necessary support.&#8221;<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Broadband ISP FibreNest, which is the Fibre-to-the-Premises (FTTP) operator for Persimmon Homes&#8216; new build UK housing sites, appears to have become the latest alternative network provider to suffer some redundancies. But in this case the reason isn&#8217;t quite the same as we&#8217;ve seen elsewhere, and the scale is smaller.<\/p>\n","protected":false},"author":1,"featured_media":29947,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[1],"tags":[56],"class_list":["post-35691","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uk_isp_news","tag-fttp"],"share_on_mastodon":{"url":"","error":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Job Cuts at Persimmon Homes Spread to UK Full Fibre ISP FibreNest UPDATE - ISPreview UK<\/title>\n<meta name=\"description\" content=\"Broadband ISP FibreNest, which is the Fibre-to-the-Premises (FTTP) operator for Persimmon Homes&#039; new build UK housing sites, appears to have become the\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ispreview.co.uk\/index.php\/2023\/09\/job-cuts-at-persimmon-homes-spread-to-uk-full-fibre-isp-fibrenest.html\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Job Cuts at Persimmon Homes Spread to UK Full Fibre ISP FibreNest UPDATE - 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