Jobs and employment

Waitrose puts hundreds of jobs in danger as it prepares to close a warehouse that was opened only four years ago. The supermarket has announced that it will close its Enfield warehouse this summer, which could result in the loss of more…

The Daily Mail is preparing to cut jobs after warnings from its bosses about changes in working patterns. Ted Verity, the editor of Mail Newspapers said in a memo to employees that the publisher is taking additional steps to merge their…

Ted Baker’s European Retail and Online arm will appoint administrators. This puts almost 1,000 jobs in danger at the British brand. The fashion brand has struggled for years due to increased competition and the fallout of the departure…

ITV is cutting staff as it struggles to cope with a dramatic drop in advertising revenue. ITV terminated employees from its internal advertising agency in the last month. The job cuts come as ITV faces its biggest advertising slump since…

Metro Bank has slashed hours and canceled the seven-day opening of its branches after losing 1,000 jobs. As part of an 80 million pound cost-cutting campaign, the high street lender , which was saved in an emergency fundraiser last…

Think tank warns that the shift in welfare benefits following the pandemic discourages unemployed people from seeking employment. A surge in the number of benefits being paid to those who don't have to work after the lockdown could lead…

The goal of role reductions is to create cash that can be spent on luring customers back from competitors. Sainsbury's plans to reduce costs by £1bn will see 1,500 jobs cut. The supermarket chain will simplify its operations by…

The Spanish parent company of one of Britain's leading producers of reinforced Steel has put the company up for sale. Celsa Steel UK, a plant in Cardiff that supplies the Hinkley Point nuclear project in Somerset, is the biggest producer…

As they invest in new areas like generative artificial intelligence, tech companies have cut 34,000 jobs. According to Layoffs.fyi which tracks attrition within the industry, Microsoft, Snap and PayPal each have eliminated hundreds or…

The Guardian's staff is bracing for job cuts, after their bosses informed them that the publisher will make a £39million loss annually due to a slump on the digital advertising market. The Guardian's troubles, which were revealed to its…

The first-ever increase in disability claims following the lockdown will see Britain's benefits bill for working age reach £100bn this year. According to the Department for Work and Pensions' (DWP) forecasts, the cost of welfare…

The jobless crisis in Britain is more serious than thought. New estimates reveal that over 400,000 people have left the workforce due to long-term illness at a record high. According to the Office for National Statistics, there are 9.25…

Sky will cut 1,000 jobs due to the shift from traditional satellite pay TV to streaming services. This is the latest round of redundancies that has hit the UK media sector. The company employs around 26,000 people in the UK and is…

Alex Chriss, the CEO of PayPal, said that it plans to cut 2,500 jobs or 9% from its global workforce this year. In a memo sent to employees on Tuesday, the newly-appointed CEO explained that the decision had been made to "right size" the…

Channel 4 will sell its London headquarters due to the expected deep cuts in staff, especially those based in London. This has led to the search for smaller and more affordable premises. The broadcaster will move to a smaller office in…

John Lewis Partnership raised £260million to fund its turnaround, as the struggling mutual prepares for job cuts of up to 11,000 people. The partnership that owns John Lewis department store and Waitrose supermarkets has raised new funds…

UK asset manager Abrdn is preparing to make hundreds of job cuts as part of a drive to cut about £150mn in costs. The cuts could amount to about 10 per cent of Abrdn's 5,000-strong workforce and are due to be announced on Wednesday…

Gav Moule was supposed to be celebrating his 21st year of employment at the Port Talbot Steelworks in South Wales. The decision of the Indian owners of the steelworks to shut down its polluting furnaces has caused the 45-year old to fear he…