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redundancies

  • No retail redundancies after Vodafone-Three merger, boss says ahead of shop closures

    Telecoms

    There will be no forced redundancies of retail staff following Vodafone’s acquisition of Three, the firm’s chief executive has said, as the telco giant gears up to find hundreds of millions of pounds of cost savings from the tie-up. Vodafone chief executive Margherita Della Valle, who spearheaded the bumper £16.5bn merger shortly after taking the [...]

    Vodafone Group has announced the appointment of Microsoft's Pilar López as its new chief financial officer.
  • How to prepare your business for employment rights changes

    Opinion

    Ahead of the changes reportedly taking effect from 1 January 2027, employers should seriously consider a more forward-thinking approach to performance management – closely monitoring issues as they arise, keeping clear internal records of performance or conduct concerns, and making effective use of probationary periods where necessary, says Olivia Russo “The early bird catches the [...]

    Hays has become the latest recruitment firm to report a dire set of full-year results
  • AI jobs defy hiring slump as tech talent cashes in

    Tech

    With redundancies rising and hiring freezes spreading across much of UK PLC, the tech corner of the jobs market looks to be moving steadily in the opposite direction. New data shows tech roles are not just surviving the wider slowdown, but actively raising salary growth in 2026. Jobs platform Totaljobs found median advertised pay saw [...]

    Computacenter noted a record performance at its North American business in the second half
  • Euan Blair edtech Multiverse laid off dozens more staff after losses widened

    January 5, 2026

    An edtech firm founded by Tony Blair’s son Euan laid off dozens more staff after reporting widening losses, its latest accounts show. Multiverse, which was launched in 2016 and hit a valuation of £1.2bn in a 2022 funding round, said it made 55 payments for loss of office in the year to the end of [...]

  • Who still gets hired in the 2026 workplace?

    December 28, 2025

    Britain’s labour market has probably never felt more precarious than it does now, as the struggling economy and the rapid rise of AI take effect. Redundancies are at their highest since the pandemic, unemployment has risen to 5.1 per cent, and entry-level opportunities, the traditional stepping stones for grads and young workers, have all but [...]

  • Jamie Oliver ‘cutting jobs’ ahead of restaurant chain’s return

    December 12, 2025

    A part of Jamie Oliver’s business empire has cut a firth of its workforce, according to reports, as the celebrity chef plans a return to the high street next year. Jamie Oliver Group has shed 25 of its 126 employees through a redundancy round, Sky News has reported. City AM has contacted the group for [...]

  • River Island sets sights on profit after losing almost £125m

    December 8, 2025

    River Island lost almost £125m in the year before being saved from the brink of administration, it has been revealed. The high street retailer’s restructuring plan, which was approved in August, involved 33 stores being closed with the loss of hundreds of jobs. The proposal also included rents being reduced – some to zero – [...]

  • Clifford Chance AI-driven redundancies hit London business service roles

    November 21, 2025

    Law firm Clifford Chance is preparing for dozens of redundancies after launching a restructuring of its London business services team. Around 10 per cent of the 550 employees are set to lose their jobs, according to the Financial Times. It was reported that the magic circle firm told staff last month that greater use of [...]

  • Ubisoft issues sales warning as gamers’ habits change

    November 17, 2025

    The UK arm of Ubisoft has warned its sales will be lower for its current financial year thanks to a combination of fewer new games being released and a major change in habits. The Guildford-headquartered division of the French giant has said gamers playing fewer titles and for longer means that newer games “are struggling [...]

  • Pizza Hut: Restaurants arm owed £30m as 1,100 jobs lost

    November 3, 2025

    The company behind Pizza Hut’s restaurants in the UK owed almost £30m as it collapsed with the loss of more than 1,100 jobs, it has been revealed. DC London Pie entered administration towards the end of last month with FTI Consulting appointed to oversee the process. Now, a new document has revealed the full story [...]

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