Mirvac is cutting over 100 people in Development in a wave of redundancies before Christmas
- Company
- Mirvac
- Roles
- Over 100 in Development
- Date
- 11 November 2026
From the public record
- 22 Oct 2026
- Mirvac told the ASX the residential operating environment in FY27 has been challenging, with interest rate rises and tax changes slowing sales and enquiries, and 429 lots exchanged in the first quarter. Mirvac 1Q27 operational update (ASX)
The tip, as it reached us
Anon pls - Mirvac is doing a wave of redundancies right before Christmas. Told that it’s due to market conditions, but over 100 people in Development alone are being cut in the next month. No one from leadership is talking about it, and they’re trying to get them all under the radar.
Inside Track
Stay up to date with Mirvac
Subscribe to our newsletter to hear what's happening at Mirvac first.
Tips are unverified until we report on them. Something here wrong? Tell us through the corrections form.
Work at Mirvac? Tell us what you're seeing. We never publish who sent a tip.
Inside Track
More from the Inside Track
-
Nab just split their EOY conversations with staff which are usually one discussion being rating outcome and variable reward (bonus) and fixed reward, the mandatory increase for the coming year. This week that are only doing the Variable and rated discussions. Why? Not because of being mindful of already impacted staff. It’s because anyone rated lest than a 3 is automatically put into the next round of redundancy! Therefore if you are only a partially achieved no matter what you...
-
Kpmg lost Crown Resorts audit effective immediately Please keep anon
-
Anon please- Ventia informed company wide of business restructure with multiple redundancies to come Dec 1 to slash overheads by 30 million staff notified after release to shareholders Correct statement word for word “The initiatives today are expected to deliver at least 30 million in annualised cost saving by Dec 2027
