Wayfair more than halves UK workforce in two years July 28, 2025 Online retail giant Wayfair has more than halved the number of people it employs in the UK in the space of two years, it has been revealed. The UK division of the US homewares and furniture seller had a headcount of 405 at the end of 2024, compared to 587 in 2023 and 847 in [...]
Wasabi: Sushi restaurant chain sheds jobs as profit slashed July 28, 2025 Profit at popular London sushi restaurant chain Wasabi has been slashed as it shed more than 100 jobs during its latest financial year, it has been revealed. The business has reported a pre-tax profit of £2.2m for 2024, according to new accounts filed with Companies House. The latest total comes after Wasabi posted a pre-tax [...]
IBM sheds nearly 400 UK jobs as profit slashed July 22, 2025 IBM shed almost 400 jobs in the UK in 2024, it has been revealed, as its profit was slashed by nearly a quarter. The UK arm of the US giant saw its headcount reduce in the 12 months from 7,309 to 6,920, new accounts filed with Companies House show. The fall in headcount in 2024 [...]
Jaguar Land Rover to axe 500 management jobs July 17, 2025 Jaguar Land Rover is to axe up to 500 management jobs in the UK through a voluntary redundancy programme. The automotive giant said that around 1.5 per cent of its UK workforce would be impacted by the job cuts. A spokesperson for the Tata-owned firm said: “As part of normal business practice, we regularly offer [...]
Not on the High Street slashes jobs as losses widen July 9, 2025 Not on the High Street has continued to slash jobs in a bid to stem its widening losses amid falling sales. The Bristol-headquartered business cut its headcount in March this year having also shed 70 members of staff in the year to 31 March, 2024. The update has been revealed in newly filed accounts with [...]
Clarks cuts over 1,200 jobs as sales fall by almost £100m June 30, 2025 Clarks cut more than 1,200 jobs as its sales slumped by almost £100m during its latest financial year, it has been revealed. The Somerset-headquartered shoe retailer has reported a revenue of £901.3m for 2024, down from the £994.5m it achieved in 2023. New accounts filed with Companies House also show that Clarks’ headcount fell from [...]
The Ivy: Jobs continue to be cut as Richard Caring nears £1bn sale June 26, 2025 Jobs have continued to be lost at the group behind restaurant chain The Ivy as billionaire owner Richard Caring edges closer to a £1bn sale. Troia (UK) Restaurants cut more than 100 roles during its latest financial year as its pre-tax profit also declined despite a rise in revenue, new accounts filed with Companies House [...]
Hallmark: Greeting cards giant halves headcount in two years June 26, 2025 The UK arm of greeting cards giant Hallmark has cut more than 150 jobs as part of its bid to return to profit. The Bradford-headquartered division of the US group reduced its headcount from 561 to 405 in 2024, new accounts filed with Companies House show. The latest figure is more than half the 867 [...]
Bella Italia owner slashes losses after shedding 700 jobs June 25, 2025 Losses at the owner of Café Rouge, Bella Italia and Frankie & Benny’s have been slashed after shedding 700 jobs during its latest financial year, it has been revealed. The Big Table cut its headcount from 4,236 to 3,531 in the 12 months to 27 October, 2024, new accounts filed with Companies House show. Over [...]
Insurer Allianz to cut 650 UK jobs June 18, 2025 German insurance giant Allianz has informed its UK staff that 650 jobs will be cut across several lines of its business