Uber axes nearly a THIRD of its staff: CEO confirms ANOTHER 3,000 job cuts in email to employees – as rides drop 80% due to coronavirus Dara Khosrowshahi confirmed to employees on Monday that 45 offices were closing The closures mean another 3,000 staff around the world will be laid off In the first week … Read more
Uber is reportedly preparing to cut thousands of more jobs in another wave of layoffs just after 3,500 employees were laid off during a Zoom call. Uber’s additional round of layoffs amid the pandemic is expected to happen on Monday, a source told Business Insider. The number of staffers being let go was not confirmed, … Read more
RICHARD LITTLEJOHN: With depressing predictability, it’s politics as usual again. The temporary ‘we’re all in this together’ truce didn’t last long.
Willie Walsh under fire for 12,000 British Airways job cuts that spare Spain arm as IAG sits on £8.7bn BA owner IAG faces a grilling by MPs for cutting up to 12,000 BA jobs MPs are set to interrogate Walsh on his justification for deep job cuts The group is sitting on €10billion (£8.7billion) cash … Read more
Saving offers plunge further: Goldman Sachs cuts rate on its popular Marcus account from 1.2% to 1.05% By Sylvia Morris For The Daily Mail Published: 22:01 BST, 12 May 2020 | Updated: 00:15 BST, 13 May 2020 Goldman Sachs cut the rate on its online saver, Marcus, from 1.2% to 1.05% Savings rates on easy-access … Read more
Bosses of two of Britain’s biggest gambling companies refuse to take pay cuts despite using taxpayer money to prop up their businesses By Tom Witherow For The Daily Mail Published: 22:10 BST, 4 May 2020 | Updated: 22:10 BST, 4 May 2020 The bosses of two of Britain’s biggest gambling companies have refused to take … Read more
Ashley Roberts cuts a stylish figure in baggy beige trousers and statement cardigan as she leaves the Heart Radio studios By Isabella Nikolic For Mailonline Published: 11:51 BST, 4 May 2020 | Updated: 11:51 BST, 4 May 2020 She has been keeping busy during coronavirus lockdown by presenting her daily showbiz segment on Heart Radio. … Read more
Stick or twist: NS&I fixed-rate savings cuts bite – should you stay… or cash out and move your money elsewhere? NS&I cut 10 fixed-rate accounts available to existing savers on 1 May It changed course on Premium Bond cuts but has stuck with these They affect savers renewing after 1 June or changing to a … Read more
Myleene Klass catches the eye in a chic white shirt and red Chanel handbag as she arrives at Global studios to present radio show By Connie Rusk For Mailonline Published: 10:53 BST, 29 April 2020 | Updated: 11:38 BST, 29 April 2020 She has been busy hosting her Smooth Radio show amid the coronavirus lockdown. … Read more
Now banks target their LOYAL savers with cuts four times bigger than the Bank of England base rate fall Official base rate was reduced by 0.65 percentage points last month to 0.1% Readers say banks have responded with rate cuts of up to 2.5 percentage points Nationwide, Yorkshire, Co-op Bank and Santander have dished out … Read more