All the updated news related to Job cuts

All the news related to Job cuts updated in real time

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City

Co-op to cut around 400 jobs due to inflation hit

The Co-op Group is to axe around 400 jobs as the retail and funeral firm blamed tough trading conditions amid “rising inflation”. The company said none of its customer-facing roles in food stores or funeral homes will be impacted by the shake-up. It ...

22 Jul 2022 at 16:31

Nadhim Zahawi: Department for Education could suffer job cuts of 40%

Civil Service staff cuts of up to 40% are being considered as part of plans for the Department for Education, according to Nadhim Zahawi. The Education Secretary confirmed modelling work to plan for different scenarios is taking place, but insisted ...

22 May 2022 at 11:24

City

De La Rue warns jobs under threat after third profit alert this year

Banknote printer De La Rue has warned over possible job cuts as it looks to ramp up cost savings after swinging to a loss and warning over full-year results for the third time this year. Chief executive Clive Vacher told the PA news agency that ...

23 Nov 2022 at 11:20

City

Cazoo cuts 750 staff amid car market closures across Europe

Around 750 jobs are being cut at online car retailer Cazoo across Europe as it axes its used car markets in the European Union. Bosses said the company has taken the “tough decision” to focus solely on its UK business and save more than £100 ...

08 Sept 2022 at 15:00

Ford to axe 800 UK jobs as part of European cuts

Ford is to cut about 800 roles across the UK over the next three years as part of a wider European jobs cull. The car manufacturer said the wider restructuring programme will see it axe around 4,000 jobs across Europe, with its operations ...

20 Nov 2024 at 15:28

Derry News

Mayor urges public to continue to oppose Radio Foyle cuts

Mayor of Derry City and Strabane District Council, Councillor Sandra Duffy said the large numbers of people who attended the public meeting to oppose proposed cuts at BBC Radio Foyle, is testament to the level of support there is for the ...

05 Jan 2023 at 16:33

Sony to close London studio as part of 900 PlayStation job cuts

Sony is cutting around 900 jobs at its PlayStation division, including closing its London studio in its entirety. The gaming giant’s chief executive, Jim Ryan, said it had made the “extremely hard decision” because the “industry has ...

27 Feb 2024 at 14:33

City

Marshalls to cut 250 jobs as housebuilding slump takes toll

Building products supplier Marshalls is axing around another 250 jobs and closing a factory in Scotland after sales dived due to a housing market slowdown. The group said the cuts come as part of plans to save £9 million a year, ...

31 Jul 2023 at 10:23

Facebook owner Meta to axe another 10,000 jobs

Meta, the parent company of Facebook, Instagram and WhatsApp, has revealed it plans to cut around 10,000 jobs globally, just four months after it axed 11,000 workers. The group’s founder and boss, Mark Zuckerberg, told staff in ...

14 Mar 2023 at 17:54

Business

LinkedIn becomes latest tech company to cut jobs

Professional networking platform LinkedIn has said it is laying off more than 700 workers and closing down its China jobs app, in the latest round of tech industry downsizing. LinkedIn blamed “shifts in customer behaviour and ...

09 May 2023 at 15:33

P&O Ferries boss says job cuts will halve crewing costs

P&O Ferries will halve crewing costs through by replacing 800 seafarers with agency workers, according to the boss of the ferry operator. Chief executive Peter Hebblethwaite informed affected staff the move will “secure the ...

18 Mar 2022 at 12:25

Home

No confirmation of impact on Kildare yet as Intel plans to cut 15,000 jobs globally

Chipmaker Intel says it is cutting 15% of its workforce — about 15,000 jobs — as it tries to turn its business around to compete with more successful rivals like Nvidia and AMD. It is not yet known what impact the ...

02 Aug 2024 at 09:33

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co-op
inflation
job cuts
manchester

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