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redundancies

  • Business services staff face redundancies at City law firm

    Legal

    City-based law firm Clyde & Co has launched a restructuring consultation for its business service staff as part of its ongoing strategy to centralise support operations into regional hubs. The firm is proposing to move certain services currently performed by teams within legal support, purchase-to-pay, and IT to its service centres in Glasgow and its [...]

    Office for National Statistics
  • Businesses brace for more layoffs as redundancy warnings climb to post-Pandemic high

    Business

    Last year emerged as the most severe year for redundancy warnings since the height of the Covid pandemic, and early 2026 is already accelerating that trend. According to new data from the Liquidation Centre, sourced via an FOI, 2025 was the most severe year for redundancy warnings since 2020, with 315,605 jobs flagged for potential [...]

    Office for National Statistics
  • Tech firm behind in-store ads at Currys and Iceland goes bust

    Retail

    The firm that provides high street giants Currys and Iceland with in-store digital advertising has declared insolvency, City AM can reveal. Software company Stratacache announced its winding-up of its UK operations and appointed liquidators on Wednesday, according to insolvency filings. This comes only months after the US digital screen specialist partnered with budget supermarket giant [...]

    Currys storefront with prominent logo and modern exterior design, reflecting its role as a leading electronics retailer
  • EO Charging collapses despite European EV sales boom

    April 15, 2026

    EO Charging has gone into administration, with 69 jobs slashed, in a recent blow to the UK’s EV infrastructure sector as car sales across the continent accelerate. PwC was appointed administrator to the EV charging firm, which traded as Juuce Limited, on 8 April. The consultancy said that more than two thirds of the 93 [...]

  • One in three founders plan job cuts due to AI

    February 13, 2026

    A third of Britain’s scale-up founders are expected to cut jobs in the next year as AI adoption accelerates, new data suggests. A new report by Helm found 33 per cent of founders expect AI to lead job cuts in their business within the next twelve months. Nearly two-thirds, or 64 per cent, said they [...]

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

    February 5, 2026

    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 [...]

  • How to prepare your business for employment rights changes

    January 20, 2026

    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 [...]

  • AI jobs defy hiring slump as tech talent cashes in

    January 7, 2026

    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 [...]

  • 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 [...]

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