Metro Bank is cutting 1,000 jobs and putting an end to its trademark seven-day branch model, after nearly tripling the size of its cost cutting plan in the wake of its autumn rescue deal. The lender said on Wednesday that it had expanded an original £30m cost savings plan first […]
Job losses
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By Emily Hawkins Updated: 00:01 GMT, 10 February 2024 John Lewis boss Sharon White is facing the threat of workers going on strike over fears of mass job losses. Staff have called for reassurance that jobs at the partnership, which owns John Lewis department stores and Waitrose, will be safe. […]
Google staff in hardware, voice assistance and engineering affected Google unveiled plans to cut 12,000 jobs globally last year Over 260,000 tech job cuts have been made in the last year, data suggests By Jane Denton Updated: 13:37 GMT, 11 January 2024 Google has laid off hundreds of employees working on […]
The European Union has snubbed calls for the Brexit trade deal to be altered over warnings that looming tariffs on electric vehicles will put jobs and exports at risk. Under the deal, 10 percent tariffs on electric car exports are due to come into force in January, although EU leaders […]
Wilko pushes High Street job losses to 100,000 Figures bring into focus scale of crisis that has engulfed industry since Covid Debenhams and Philip Green’s Arcadia empire among high-profile casualties Up to 12,500 jobs could be lost for good at Wilko By Emily Hawkins Updated: 21:54 BST, 17 September 2023 […]
BUSINESS LIVE: Fears of 3,000 job losses at Port Talbot’s Tata steel plant By Live Commentary Updated: 08:22 BST, 15 September 2023 The FTSE 100 is up 0.8 per cent in early trading. Among the companies with reports and trading updates today are Dr Martens and Games Workshop. Read the […]
Generative AI probably will not take over most people’s jobs entirely but will instead automate a portion of their duties, freeing them up to do other tasks, a United Nations study said Monday. It warned, however, that clerical work would likely be the hardest hit, potentially hitting female employment harder, […]
Adobe employees raised red flags about their company’s new generative AI features, fearing the enhanced design tools could spur clients to fire workers, according to a report. The Silicon Valley-based multinational best known for its Photoshop and Acrobat software recently rolled out Firefly, a generative AI tool that allows users […]