Tag:Job losses

Post Office to announce branch closures and job cuts in cost-cutting drive

The Post Office is expected to announce the closure of dozens of branches and cut up to 1,000 head office jobs as it seeks...

Nissan to cut 9,000 jobs globally after sinking to a loss

Nissan has announced it will cut 9,000 jobs from its global workforce as part of “urgent measures” to stem losses.The Japanese car manufacturer said...

BT says budget is set to cost it £100m as it reveals 2,000 more jobs have gone

BT has said it is facing £100m in extra costs as a result of the budget last week, as the telecoms company revealed another...

BT trims sales forecast and says it has cut another 2,000 jobs

The telecoms company BT has cut its annual sales outlook and revealed another 2,000 jobs have gone under a long-term plan to cut costs.It...

Volkswagen to shut three factories, axe jobs and cut pay by 10%, says union

The German carmaker Volkswagen is planning to shut at least three factories in its home country, lay off thousands of workers and cut pay...

Volkswagen to shut three factories and cut thousands of jobs, says union

German carmaker Volkswagen is planning to shut at least three factories in its home country, lay off thousands of workers and cut pay by...

Port Talbot: steel town braces for shutdown of its last blast furnace

The steel town of Port Talbot is braced for the shutdown of the final furnace at its plant on Monday which will result in...

‘Survive to 2025’: UK TV production firms fight to stay afloat in slump

The UK’s TV production sector has adopted the mantra “survive to 2025” as a perfect storm of market pressures has led to a £400m...

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JD Sports shares slump 14% after profit warning

Mild weather and discounting by rivals hit sales at JD Sports in October, prompting the trainers and fashion retailer...
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Cyber Threats in Australia: Insights from the Annual Cyber Threat Report 2023-2024

The Annual Cyber Threat Report 2023-2024 has shared crucial insights into the current state of cybersecurity in Australia,...

British mining executives held in Mali released after $160m deal to settle tax dispute

Three British mining executives who had been detained by the government of Mali have been released and are “safe...

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