Sky News is analysing cuts made public by major businesses since the UK lockdown began on 23 March. US unemployment claims fall to 779,000 but job cuts grind on, US jobless claims decline to a still-high 900,000, Unions strike over job cuts at French vaccine maker Sanofi, Job openings down in most industries, while layoffs spike, Almost 30,000 jobs lost in hospitality sector in 2020, High streets lost 177,000 jobs in a year with worse to come in 2021, Heavy job cuts in $4.1 bln rescue plan for Portugal airline, US jobless claims likely remain high as layoffs persist, Finland's national carrier cuts over 10% of workforce, British Airways CEO replaced as company fights for survival, Airline furloughs begin as federal pandemic relief expires, EasyJet says ‘no compulsory job cuts’ after 1,500 crew go part-time, EasyJet to close Stansted, Southend and Newcastle airport bases, Burberry proposes 500 job cuts amid coronavirus crisis, More than 12,000 jobs to be lost from UK businesses hit by pandemic, John Lewis to axe jobs and shut shops amid coronavirus crisis, Mulberry to cut workforce by 25 per cent amid coronavirus lockdown, Tesco to axe 9,000 jobs and cut hours in cost-saving plan, Retailers cut 70,000 jobs in 2018 as high street crisis worsens, Jaguar Land Rover to cut 500 jobs at Solihull plant temporarily, German drugs giant Bayer to cut 12,000 jobs worldwide, Vauxhall to cut hundreds of jobs at Ellesmere Port plant in Cheshire, Aircraft maker Bombardier to cut hundreds of jobs in Northern Ireland, Manufacturing giant Bombardier to cut 5,000 jobs over next 18 months, German manufacturer Schaeffler to close two UK factories due to Brexit, British Steel to cut 400 jobs to ‘secure a sustainable future’, Poundworld to close 40 more shops with 531 job cuts, Poundworld axes 100 jobs one week after falling into administration, Rolls-Royce to axe 4,600 jobs, company announces, BT boss Gavin Patterson to leave group later this year, House of Fraser to close 31 stores putting 6,000 jobs at risk, City jobs at risk as Deutsche Bank plans to cut more than 7,000 roles, Marks & Spencer will close over 100 stores by 2022, Tesco to shut loss-making website putting hundreds of jobs at risk, Carpetright to raise £60m to fund recovery as 92 stores face closure, BT to announce 6,000 job losses as part of £500m cost-cutting drive, RBS to cut hundreds of jobs across the UK following review, Lloyds Bank profits rise 23% as lender cuts jobs and branches, Marks & Spencer to close distribution centre, putting 450 jobs at risk, Lloyds Banking Group to cut 305 jobs and close 49 branches across UK, Vauxhall to cut down UK dealership network amid plummeting car sales, Carpetright to close 92 stores, putting 300 UK jobs at risk, Oil giant ConocoPhillips to axe 450 UK jobs over next two years, Debenhams to cut 320 store management jobs in cost-cutting drive, Tesco to cut 1,200 jobs at head office in bid to slash costs, the rise of user generated content and the fall of local newspapers, Twitter to cut 9% of staff in bid to become profitable by 2017. It is part of a previously-announced cost-cutting exercise … Image: University of Manchester. Lloyds announced plans in September for 865 redundancies after temporarily stopping job losses earlier in the pandemic. What was union boss told about job cuts at Sunderland's Nissan plant? The job cuts had been well trailed but the scale is far greater than had been expected. The event was held to raise money for the Age UK charity and involved participants from an open water swimming club. British diplomats have been instructed to find at least 50% cuts in UK overseas aid in the next six weeks in advance of the next financial year, the Labour party has said. ... Piers Morgan cuts his wife Celia Walden's hair amid the UK's third national lockdown Read more British Steel to cut 400 jobs to ‘secure a sustainable future’ This week Bentley, Aston Martin, car dealership Lookers and engineering giant Rolls-Royce have all announced job cuts. Pizza Hut to shut 29 restaurants in the UK and cut 450 jobs Virgin Atlantic to cut 1,150 more jobs, airline says British Airways pilots vote to accept package of job and pay cuts 'Government must account for damage done to Wakefield district coalfield communi... Pandemic has 'wiped out ten years of progress' for old industrial towns like Man... 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Menu. Is It Too Late To Quit My Job & Start Again? The company has about 13,500 staff in the UK, most of … ... Job cuts, or even plant closure, would be a further hammer blow to Britain’s car industry. Accentures uk job cuts mean to the it services industry? Pub operators are lining up steep job cuts after the government’s 10pm curfew caused drinks sales to plunge by more than a third. Union Unite, which represents Lloyds staff, strongly criticised the latest cuts. IBM Layoffs: Downsizing related discussion, postings, questions and answers. Tesco has announced plans to cut up to 9,000 jobs in a simplification plan aimed at cutting costs. Philips said the 7,000 job cuts would be made over the next couple of months in its consumer electronics and component businesses, but could not confirm if any will be made in the UK. News. 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Marjorie Taylor Greene warns 'House of Hypocrites' GOP over 'betrayal', Marjorie Taylor Green criticises ‘morons’ who voted to kick her off House committees, Forgot your password? It comes as the low-cost carrier said it will … Hair Stylist jobs are always available for qualified individuals with the expertise, ambition and … HSBC is to accelerate plans to cut 35,000 jobs globally after the Covid-19 crisis forced the bank to put aside another $3.8bn (£2.9bn) to cover bad debts.. This is one of the many job cuts that had taken place in UK universities since 2016. 15 November 2020. Click to get a sign-in link sent to your email. Airbus said in June that it was likely to cut 5,000 posts in France, 5,100 in Germany, 900 in Spain, 1,700 in the UK, and 1,300 elsewhere by mid-2021. Nearly 1,400 jobs are being cut in the UK and globally at engine maker Rolls-Royce. The BBC said on Wednesday it will go ahead with hundreds of newsroom staff cuts delayed during the coronavirus crisis, as UK media outlets reel from the pandemic's economic fallout. The UK job cuts will be at all levels, including managing directors, and across all parts of the business. A recent layoff of hundreds of UK ... www.behindwoods.com Ioan Petrescu. This would be around 40% of the number of people employed by the bank at the end of 2019. Equinor is making job cuts in the UK, Canada and US in response to the oil downturn, with its Aberdeen workforce included in the process. Engineering giant Rolls-Royce, which makes jet engines, will cut 3,000 jobs across the UK. Chris Hobson, from the East Midlands Chamber of Commerce, said the announcement of 4,600 job cuts at Rolls-Royce was a "really sad day" for all those workers whose jobs were under threat. The school my sons will be attending in cairns is doing this option and I believe it is gaining popularity in a lot of australian schools as well as UK ones. If you continue we'll assume that you are happy to receive all cookies on the Argus Media website. Predictably grim headlines mask ONS report positives, Chancellor urged to extend furlough as redundancies rise across Yorkshire, 60% increase in redundancies in Yorkshire, says TUC, No confidence vote in Leicester v-c as 145 at risk of redundancy, When job cuts are woke: using the language of social justice as a smokescreen, Leicester Uni staff support vote of no confidence in leadership over threat of redundancies, Chancellor urged to extend furlough as sixty per cent increase in redundancies reported across Yorkshire, Union enter redundancy dispute with Royal College of Physicians of Edinburgh, Staff vote no confidence in University of Leicester vice-chancellor and board, with 145 jobs under threat, Nissan in talks over 160 possible job losses, Jonathan Reynolds responds to ONS statistics showing record high redundancies and the highest unemployment level in, Chancellor must extend furlough and “plug the gaps” in support, Millennial Money: 3 things to know if you´re new to gig work, Europe midday: Shares rebound despite Covid fears, EU threat over vaccines, London midday: Stocks extend gains as travel & leisure sectors recover, Redundancy rate hits record high as payrolled employees plummet, Job cuts reach 38,720: Debenhams, Arcadia and Jaeger, 2020 worst year on record for planned NI job losses, Redundancies at Grass Valley as operations move to Canada, Europe open: Shares inch higher as Covid restrictions still worry, FTSE 100 inches into the green despite dire unemployment figures, Hays Travel to close 89 former Thomas Cook stores, and redeploy 388 staff, UK unemployment rate rises to highest since 2015, UK unemployment rate hits 5% as more than 800,000 jobs disappear, Layoff tracker update: Europe faces more aviation layoffs to kick off 2021, Number of redundancies made by Worcestershire and Herefordshire businesses revealed. UK coronavirus job losses: the latest data on redundancies and furloughs As we progress through the pandemic, tens of thousands of people are being made redundant. AFP via Getty Images. DXC Technology Layoffs: Downsizing related discussion, postings, questions and answers. Newsnight and Radio 5 Live could both be affected by the cuts… Scores of redundancies to be made at Banbury coffee plant, Jacobs Douwe Egberts ... University jobs battles + NEU victimisations fight + Heathrow resistance + New Sage action + Defend libraries +, Almost 800,000 job cuts planned last year, Know your redundancy rights as Coronavirus jobless toll rises, Scottish Government urged to back Aberdeen in budget as oil job cuts plague region, Ford Motors to cut another 800 jobs in Germany, State Street, Northern Trust both prepare for layoffs, Firms planned 800,000 redundancies last year, Meat processing plant hit by Brexit paperwork, North Staffordshire school faces job cuts to stave off £1.3m deficit. The job cuts will be phased over the next year and a half, until the end of 2020, Novartis said. Want an ad-free experience?Subscribe to Independent Premium. Job cuts loom as University of Leicester sets out plans to 'disinvest' in areas. Business News. Two of the UK's biggest High Street retailers, John Lewis and Boots, have announced 5,300 job cuts. The boss of UK oil giant BP has told staff it plans to cut 10,000 jobs from its global workforce after being hit hard by the coronavirus outbreak.. … The latest job cuts are in addition to the head office roles previously announced. EASYJET has cut 1,400 UK jobs since the start of the coronavirus crisis, the airline confirmed today. It comes as the low-cost carrier said it … UK Pub operator Mitchells & Butlers cuts 1,300 jobs as COVID-19 pushes it to annual loss 26 Nov, 2020, 01.35 PM IST. London City Airport will axe 239 jobs as part of a major restructure. © Copyright 1997 - 2021 NewsNow Publishing Limited. 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Best experience on our website uses cookies to ensure that we give the... Operator Mitchells & Butlers cuts 1,300 jobs as COVID-19 pushes it to annual loss 26 Nov, 2020 01.35... Cuts loom as University of Leicester sets out plans to cut Nearly 10,000 in... To a hybrid cloud approach receive all cookies on the Argus Media website a senior source.! Across all parts of the conclusions of a major restructure & start Again which represents Lloyds staff, criticised... International business Machines Corp. plans to cut Nearly 10,000 jobs in Europe of...