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job losses

  • Santander to shut 95 branches – putting 750 jobs at risk

    March 19, 2025

    Santander announced a flurry of branch closures on Wednesday, which will place up to 750 employees at risk of redundancy.  The bank, which is one of the UK’s most prominent mortgage lenders, will close 95 of its 444 branches as part of a structural overhaul that will begin in June 2025.  Its updated branches network [...]

  • Lloyds places thousands of jobs under review in tech overhaul

    February 7, 2025

    Lloyds Banking Group has placed thousands of jobs in its IT division under review as the lender races to beef up its engineering teams and modernise its digital banking offer, City AM can reveal. The FTSE 100 bank told some 6,000 tech and engineering staff on Wednesday that their jobs may be at risk of [...]

  • Daily Mail announces further round of job cuts

    January 31, 2025

    The owner of the Daily Mail has told staff to expect another round of redundancies as it finalises its overhaul to make the outlet operate as one seven-day operation across online and print. In a letter to the news outlet’s employees on Thursday co-authored by the Daily Mail’s editor-in-chief, Ted Verity, and the chief executive [...]

  • John Lewis has ‘no plans’ to cut more jobs

    September 1, 2024

    John Lewis has branded claims it is planning to cut more jobs and restructure its management team as "wholly inaccurate".

  • Carpetright: All you need to know ahead of redundancies and store closures

    July 23, 2024

    Carpetright has become the latest household name to fall into insolvency following the likes of The Body Shop, Ted Baker and online luxury fashion retailers Matches and Farfetch earlier this year.

  • Tata: Unite suspends overtime ban and all-out strike at steel giant

    July 1, 2024

    Unite has suspended an overtime ban and a planned all out strike at steel giant Tata over job losses, the union announced.

  • EV delivery firm Packfleet branded ‘disgusting’ for plans to sack 30 drivers and replace them with gig economy contracts

    May 8, 2024

    EV courier Packfleet has informed workers of plans to sack 30 employed drivers and force them to become self-employed, City A.M. understands.

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