Debenhams is to axe 2,500 jobs across its stores and warehouses in an attempt to cut costs after sales plummeted during the coronavirus lockdown. The department store is scrapping the roles of sales manager, visual merchandise manager and selling support manager as part of a management restructuring process. The move, which was first reported by … Read more
Covid jobs bloodbath as number of people employed falls by 730,000 since lockdown with benefits claims hitting 2.7million – despite furlough scheme propping up millions of roles Some 730,000 fewer people were employed last month compared to March ONS found the number on payroll fell another 114,000 between June and July Numbers claiming benefits increased … Read more
BUSINESS LIVE: One in three firms expects to cut jobs; Superdry secures funding lifeline; Royal London swings to a loss By This Is Money Published: 08:09 BST, 10 August 2020 | Updated: 08:12 BST, 10 August 2020 One in three companies is preparing to cut jobs by the end of September, according to a new … Read more
Nearly 140k jobs are lost in ONE MONTH: Shocking figures show extent of growing unemployment as UK heads for official recession Economic figures are expected to show the UK officially tipped into recession There are fears that working from home is causing huge damage to the economy Employment experts said the country is set for … Read more
Restaurant group Qoot is inundated with 700 applications for three jobs in just 24 hours Qoot runs restaurants in London and the Middle East and is opening new ones It had to withdraw the jobs advert after 48 hours By Harriet Dennys For Financial Mail On Sunday Published: 22:30 BST, 8 August 2020 | Updated: … Read more
More than 10,000 British Airways staff to lose their jobs as airline scrambles to cut costs By Francesca Washtell For The Daily Mail Published: 21:50 BST, 7 August 2020 | Updated: 21:50 BST, 7 August 2020 More than 10,000 British Airways staff are being made redundant as the airline scrambles to cut costs to survive … Read more
Thousands of British Airways cabin crew and ground staff will find out today if they will lose their jobs or face pay cuts after more than 6,000 employees accepted voluntary redundancy. Those who do not volunteer for redundancy and then refuse a new role under the new terms could be dismissed – with the possibility … Read more
Maybe it will come as a huge relief to learn that the Bank of England is no longer forecasting the worst downturn in 300 years and only the biggest for a century but then again maybe not. Doomy historical comparisons are one way of illustrating the scale of the crisis. But our economy, from Amazon … Read more
Wetherspoon has written to its head office staff to say that nearly a third of them risk losing their jobs amid a round of cuts at the pub chain. The company said that 110 to 130 of the 417 roles in its head office could be axed as it scales back its expansion. Chief executive … Read more
High Street is hammered: WH Smith cuts 1,500 jobs as commuters and shoppers stay at home By Tom Witherow For The Daily Mail Published: 21:51 BST, 5 August 2020 | Updated: 21:51 BST, 5 August 2020 WH Smith yesterday culled 1,500 jobs and shut 14 stores as commuters and shoppers stayed at home. Bosses cited … Read more