All the updated news related to job cuts

All the news related to job cuts updated in real time

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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

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 future of our business ...

18 Mar 2022 at 12:25

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 station ...

05 Jan 2023 at 16:33

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

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 slower revenue ...

09 May 2023 at 14:33

Business

LinkedIn becomes latest tech company to cut jobs

09 May 2023 at 15:33

City

Amazon to axe another 9,000 jobs globally

Amazon has said it will cut another 9,000 jobs across its global business in “the next few weeks”. Andy Jassy, chief executive of the technology giant, told staff that the move will reduce jobs in its web services, advertising, PXT ...

20 Mar 2023 at 15:48

City

Accenture axing 19,000 jobs worldwide to slash costs

Consulting firm Accenture has revealed it is axing around 19,000 jobs across its worldwide workforce, including the UK, over the next 18 months. The New York-listed group said the cuts – about 2.5% of its 738,000-strong employee ...

23 Mar 2023 at 14:53

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

Motoring News

Lotus Cars to cut 200 jobs following heavy losses

Lotus Cars is to cut up to 200 jobs from its workforce as a way to help build a ‘strong, sustainable future’. The Norfolk-based firm’s recent accounts show that it made a loss before tax of £145.1m in 2022, versus a deficit of ...

20 Jul 2023 at 10:36

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 ...

31 Jul 2023 at 10:23

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 ...

27 Feb 2024 at 14:33

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