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All news on the topic: Redundancy

1322
Firefighter dies of heart attack amid budget crisis to fund migrant services
36-year-old Derek Floyd suffered cardiac arrest and died on April 15, four months after the city sacked him as budget cuts were made. His unexpected death now leaves his grieving widow and children struggling to maintain their home
897
Tata rejects plan to avoid thousands of job losses as unions threaten strikes
Unions are not backing down and continue their plea for the company to halt its current proposals for the South Wales site, which will result in job losses
1278
DS Smith agrees takeover by US rival, but £5.8bn deal puts 400 roles at risk
The FTSE 100 packaging giant has agreed to the takeover by International Paper after the suitor emerged victorious in a bidding battle for the firm
809
Lloyds Banking Group's shake up of risk management team could see 45 jobs axed
About 175 permanent positions within the bank's risk division and associated roles are at risk. However the restructuring is anticipated to generate around 130 new roles
1404
Ted Baker to close 15 UK stores as hundreds of jobs axed - full list
The company which trades under the Ted Baker brand collapsed into administration last month, and it has now been confirmed that 15 stores will close for good
798
Amazon is cutting hundreds of jobs in its AWS cloud computing division
The company said it is axing 'a few hundred roles' in the team that oversees technology used in its physical stores
1262
Royal Mail plans to cut second-class letter deliveries to every other week day
Royal Mail anticipates "fewer than 1,000" voluntary redundancies and no compulsory redundancies as part of this proposed overhaul
1503
AO World shares surge as retailer upgrades profit guidance
The retailer, which counts Mike Ashley's Frasers Group as a major shareholder, has cut a number of jobs and closed its German business as part of its turnaround plan
936
Up to eight million UK jobs at risk from AI in 'worst case scenario', report
The Institute for Public Policy Research said the UK was facing a "sliding doors" moment around its implementation of generative AI, and called on the Government to ensure that a fair industrial strategy was in place
374
Wood Group to cut costs by £47.4million a year as it targets efficiency drive
The Aberdeen-headquartered oil and gas engineering business said the "simplification programme" has allowed it to lift its profit outlook for the year
1071
Harvey Nichols cutting dozens of head office jobs in bid to reduce costs
The luxury department store chain said less than 5% of workers are at risk of redundancy
573
Tata Steel to start shutting down Port Talbot coke ovens over safety concerns
The steel group said it had been forced to make the closures earlier than previously planned because they can no longer be run safely
618
My 600-lb Life star battling to lose weight after divorce and job loss
TLC star William is desperately trying to lose weight as his heartbreaking health journey plays out in the latest series of My 600-lb Life
447
Woman outraged after boss lists her job online after making role redundant
Being made redundant is highly stressful, but when your job is then advertised just after you leave for a lot less money it crosses a line, as one social-media user has recounted
651
Abrdn clients pull £13.9 billion as the investment firm reduces workforce by 500
The Edinburgh-based company, which rebranded from Standard Life Aberdeen in 2021, said the cuts will primarily take place this year and be completed by the end of 2025
1270
Barclays overhaul welcomed by investors, but fears raised about further job cuts
The bank is aiming to save about £1 billion from making the bank more efficient this year, and targeting about £2 billion worth of savings in total by 2026
934
Netflix' Sunderland'Til I Die stirs emotions amid Roy Keane jibe and Wembley win
Sunderland 'Til I Die review: Netflix have released their latest series of the show - which charts the fortunes of the Wearside club - and Roy Keane's failed return is discussed by the club's co-owner
853
Sainsbury's boss refuses to rule out job losses as chain cuts costs by £1bn
The UK's second biggest supermarket unveiled a strategy update that will see it boost food space across all its near-600 supermarkets, but the change could result in job cuts
1323
Barratt's £2.5bn Redrow merger to cost 800 jobs as offices face closure
Barratt Developments has agreed to buy rival housebuilder Redrow in a £2.5 billion deal, which could lead to the loss of 10% of the combined workforce
1189
Tata Steel got 'deal of century' by bagging taxpayers' cash with 2,800 job cuts
Tata Steels proposals were branded the 'bargain basement option' as bosses were hauled before MPs to defend plans to shut blast furnaces at its Port Talbot plant in south Wales
447
Channel 4 to quit London HQ and axe 200 job as part of digital-first strategy
The broadcaster has outlined, under its five-year digital-first strategy, that the Horseferry Road building would be closed and a new office space found in the centre of the city
982
Popular clothing company Superdry could shut some 96 stores amid struggles
Superdry experienced a poor Christmas, business experts say, and now is reportedly assessing restructuring options, which may result in job losses and store closures
1244
John Lewis slashes redundancy payouts sparking fears of more job cuts
The move has ratcheted up concerns that more job cuts could be imminent at the retail group, which runs the department store chain and Waitrose grocery business
1172
Tata Steel boss slashing 2,800 UK steel jobs pocketed £700k pay rise last year
A top-earning boss at steel giant Tata is believed to have taken £1.6million in pay last year - even as the company plans to cut thousands of jobs at Port Talbot blast furnaces
1497
'Tata Steel and the Tories are going to tear the soul out of our communities'
Roy Rickhuss, General Secretary of the Community Union, says the government and Tata steel have been "cheap" in their approach to saving steelmaking in Wales