FANG Posted August 3, 2020 Share Posted August 3, 2020 Hayes Travel now cutting 20% of their workforce https://www.standard.co.uk/business/hays-travel-job-cuts-uk-a4515416.html Quote Link to comment Share on other sites More sharing options...
FANG Posted August 3, 2020 Share Posted August 3, 2020 (edited) I wonder if we are also going to see significant job cuts in local authorities and social landlords? Given the amount of staff that were furloughed. Edited August 3, 2020 by FANG Quote Link to comment Share on other sites More sharing options...
Killer Bunny Posted August 3, 2020 Share Posted August 3, 2020 5 minutes ago, FANG said: Hayes Travel now cutting 20% of their workforce https://www.standard.co.uk/business/hays-travel-job-cuts-uk-a4515416.html Surprised only 20%. Quote Link to comment Share on other sites More sharing options...
FANG Posted August 3, 2020 Share Posted August 3, 2020 And there's 1700 more https://www.standard.co.uk/business/dw-sports-administration-job-cuts-a4515171.html Quote Link to comment Share on other sites More sharing options...
Killer Bunny Posted August 4, 2020 Share Posted August 4, 2020 (edited) Arup construction 350. https://www.newcivilengineer.com/latest/keltbray-announces-300-job-cuts-17-06-2020/ Keltbray (big civil engineering eg Shard) 300 redundancies out of 1800. Director says Furlough scheme postponed this inevitable action... Carey Group. see links in article. Edited August 4, 2020 by Killer Bunny Quote Link to comment Share on other sites More sharing options...
hurlerontheditch Posted August 4, 2020 Share Posted August 4, 2020 As furlough tapers off, those on the furlough spreadsheet get moved to to the redundancy sheet its going to get worse as the weeks and months pass Quote Link to comment Share on other sites More sharing options...
Patfig Posted August 4, 2020 Share Posted August 4, 2020 At least house prices will still keep rising Quote Link to comment Share on other sites More sharing options...
moonriver Posted August 4, 2020 Share Posted August 4, 2020 Pizza Express 1100 jobs at risk... https://www.mirror.co.uk/money/breaking-pizza-express-close-15-22465306 Pizza Express has said it could close around 15% of its UK restaurants, with up to 1,100 jobs at risk, as part of a major restructuring plan to shore up its finances following the coronavirus lockdown Quote Link to comment Share on other sites More sharing options...
regprentice Posted August 4, 2020 Share Posted August 4, 2020 2 hours ago, hurlerontheditch said: As furlough tapers off, those on the furlough spreadsheet get moved to to the redundancy sheet its going to get worse as the weeks and months pass I would have said that's not the case as as I thought govt had made noises about clawing back furlough from employers who went onto make their staff redundant. Looks like I'm wrong though. It now turns out that solicitors are interpreting that employers can use the scheme to pay notice periods, but not redundancy amounts, for furloughed staff being made redundant. So if my employer owes me 12 weeks notice, but wants to see the back of me today, the furlough scheme will pay the 12 weeks notice even if I don't work it and am walked off the site that day! The government guidance for employees has been updated to clarify that where furloughed employees have been given notice of termination, their employer can continue to claim under the scheme in respect of both statutory and contractual notice periods. Employers can therefore commence redundancy exercises and/or issue notices of termination of employment to employees on furlough and claim accordingly. However, the guidance is clear that employers cannot claim for redundancy payments under the scheme. https://www.burges-salmon.com/news-and-insight/legal-updates/covid-19/the-coronavirus-job-retention-scheme-an-essential-guide-for-employers/ Quote Link to comment Share on other sites More sharing options...
msi Posted August 4, 2020 Share Posted August 4, 2020 To use a Titanic analogy, furlough redundancies are the bulkheads breaking - there is no recovery. Quote Link to comment Share on other sites More sharing options...
Andy T Posted August 4, 2020 Share Posted August 4, 2020 My Wife was made redundant last month - reasonably big gaming/game design employer but as most workers were already furloughed or working from home, nobody knew who was affected or the total number - as they were forbidden to discuss it with any other workers and not allowed back into the office (computer & phone access also immediately blocked) in exchange for a slightly enhanced pay out over the statutory redundancy payment. I wonder if this will happen with a lot of companies, so the numbers involved don't make it to the news, it's basically hushed up as the workers are isolated at home. Quote Link to comment Share on other sites More sharing options...
Killer Bunny Posted August 4, 2020 Share Posted August 4, 2020 2 hours ago, moonriver said: Pizza Express 1100 jobs at risk... https://www.mirror.co.uk/money/breaking-pizza-express-close-15-22465306 Pizza Express has said it could close around 15% of its UK restaurants, with up to 1,100 jobs at risk, as part of a major restructuring plan to shore up its finances following the coronavirus lockdown Quote Link to comment Share on other sites More sharing options...
moonriver Posted August 4, 2020 Share Posted August 4, 2020 Makes you wonder how long Curry's/PCWorld stores will last? https://www.bbc.co.uk/news/business-53650697 Dixons Carphone said it plans to cut 800 jobs as part of efforts to streamline its in-store management. The Currys PC World owner it was "not an easy decision" but the move would allow a "flatter management structure" as it adapts to rising online sales. Quote Link to comment Share on other sites More sharing options...
moonriver Posted August 4, 2020 Share Posted August 4, 2020 58 minutes ago, Andy T said: My Wife was made redundant last month - reasonably big gaming/game design employer but as most workers were already furloughed or working from home, nobody knew who was affected or the total number - as they were forbidden to discuss it with any other workers and not allowed back into the office (computer & phone access also immediately blocked) in exchange for a slightly enhanced pay out over the statutory redundancy payment. I wonder if this will happen with a lot of companies, so the numbers involved don't make it to the news, it's basically hushed up as the workers are isolated at home. So harsh, sorry to hear it. Good point, sounds like a lot of redundancies can be easily hidden if they use this method. Quote Link to comment Share on other sites More sharing options...
squeezed Posted August 5, 2020 Share Posted August 5, 2020 WHSmith to cut 1500 jobs. https://www.theguardian.com/business/2020/aug/05/wh-smith-to-cut-1500-jobs-as-covid-19-crisis-hits-sales Quote Link to comment Share on other sites More sharing options...
msi Posted August 5, 2020 Share Posted August 5, 2020 BBC - William Hill to close 119 Shops Quote Link to comment Share on other sites More sharing options...
Social Justice League Posted August 5, 2020 Share Posted August 5, 2020 Most physical shops are going to close as more and more go online only. We'll see the massive shopping centres built during the 1990's and 2000' shut down too imo. Quote Link to comment Share on other sites More sharing options...
msi Posted August 5, 2020 Share Posted August 5, 2020 3 minutes ago, Social Justice League said: Most physical shops are going to close as more and more go online only. We'll see the massive shopping centres built during the 1990's and 2000' shut down too imo. ...and turned into the next generation of slums as landowners convert without planning permission Quote Link to comment Share on other sites More sharing options...
regprentice Posted August 5, 2020 Share Posted August 5, 2020 22 hours ago, moonriver said: So harsh, sorry to hear it. Good point, sounds like a lot of redundancies can be easily hidden if they use this method. They shouldn't be if there are a large number. More than 20 people and its a legal obligation to conduct a collective consultation. https://renovo.uk.com/the-redundancy-consultation-period-explained/#:~:text=What is collective consultation%3F,must prepare a collective consultation. My brothers employer was being a bit dubious and making redundancy decisions at a 'region' level to try and keep the numbers under a certain level. I suppose it depends how the business is structured. Quote Link to comment Share on other sites More sharing options...
moonriver Posted August 5, 2020 Share Posted August 5, 2020 M and Co https://www.standard.co.uk/news/uk/mco-store-closures-job-losses-a4517056.html Fashion chain M&Co is to close 47 stores and axe 380 jobs as part of a major restructuring it said will secure the company's long-term future. Quote Link to comment Share on other sites More sharing options...
moonriver Posted August 5, 2020 Share Posted August 5, 2020 1 hour ago, regprentice said: They shouldn't be if there are a large number. More than 20 people and its a legal obligation to conduct a collective consultation. https://renovo.uk.com/the-redundancy-consultation-period-explained/#:~:text=What is collective consultation%3F,must prepare a collective consultation. My brothers employer was being a bit dubious and making redundancy decisions at a 'region' level to try and keep the numbers under a certain level. I suppose it depends how the business is structured. Thank you, that is interesting, I didn't know about the 20 people collective consultation. Quote Link to comment Share on other sites More sharing options...
Social Justice League Posted August 5, 2020 Share Posted August 5, 2020 2 minutes ago, moonriver said: M and Co https://www.standard.co.uk/news/uk/mco-store-closures-job-losses-a4517056.html Fashion chain M&Co is to close 47 stores and axe 380 jobs as part of a major restructuring it said will secure the company's long-term future. It's no big loss losing most of these rubbish companies tbh, but the workers deserve better. Quote Link to comment Share on other sites More sharing options...
moonriver Posted August 5, 2020 Share Posted August 5, 2020 On 04/08/2020 at 13:20, Killer Bunny said: Or maybe there is no Pizza Express connection there after all? https://www.mirror.co.uk/news/uk-news/prince-andrew-at-club-dancing-22466088 A witness has claimed she saw Prince Andrew dancing with Virginia Giuffre at a nightclub on the evening he claimed to be at a Pizza Express. Quote Link to comment Share on other sites More sharing options...
moonriver Posted August 5, 2020 Share Posted August 5, 2020 5 minutes ago, Social Justice League said: It's no big loss losing most of these rubbish companies tbh, but the workers deserve better. They do indeed. I feel for anyone working in retail right now. Quote Link to comment Share on other sites More sharing options...
regprentice Posted August 5, 2020 Share Posted August 5, 2020 14 minutes ago, Social Justice League said: It's no big loss losing most of these rubbish companies tbh, but the workers deserve better. So while I partly agree with you, but I don't think the politicians or businesses want to bring better or more interesting jobs to the UK. I was listening to a senior economist on R4 last night talking about how people need to be 'repurposed' into roles such as social care etc the suggestion asks that with a quick bit of training we could get all those out of work BA pilots, scientists and engineers wiping pensioners arses in old folks homes. Quote Link to comment Share on other sites More sharing options...
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