#job-cuts

#job-cuts

An industry-wide survey found that 64% of firms plan to cut jobs, 42% intend to reduce trading hours, and one in seven will be forced to close.

Epic Games is cutting more than 1,000 jobs as the company faces a sharp downturn in Fortnite engagement and broader struggles across the gaming industry.

The city can't afford to sustain current spending on personnel costs. Meeting this target requires eliminating filled positions.

The majority of the proposed cuts are expected to fall within the retailer's technology and data division, with Sainsbury's indicating that roles may be selected based on efficiency needs, strategic priorities, and fairness criteria. However, specific criteria and processes have not yet been disclosed, and the company plans to provide further details during consultations.

Workers and communities deserve to be protected from dangerous chemical releases,

During my tenure, difficult decisions have been taken in order to ensure the sustainable future of The Post so it can for many years ahead publish high-quality nonpartisan news to millions of customers each day,

The monthly purchasing managers' index showed employment numbers fell more sharply in January compared with December, continuing a trend that started in October 2024. The PMI survey, which is considered to be one of the most reliable indicators of how a sector is performing, said this was the longest period of job shedding in the UK services sector in 16 years, with firms also choosing not to replace voluntary leavers.

Omnicom on Monday provided a deeper look at how its leadership and agency structure are changing following the close of its $13 billion-plus acquisition of rival Interpublic Group last week, according to a press release. The ad-holding group, now the world's largest, estimates it will eliminate another 4,000 jobs globally to realize its cost synergy targets, CEO John Wren told Adweek.

Low oil and natural gas prices are taking a toll on the industry as drilling activity is falling in Western Canada and is expected to slide further in 2026. North American oil prices remain below $60 US per barrel, after climbing to more than $80 in January. As a result, oil and gas companies are cutting costs, and total capital spending is expected to decline by 5.6 per cent this year and a further 2.2 per cent in 2026,

If it isn't you, then it's probably your neighbour, your friend, your elderly parent; trapped in an anxious, miserable limbo for months longer than they should have been, getting passed from pillar to post. The only thing we don't all know about waiting lists, it turns out, is that actually they're coming down. Barely a quarter of Britons knew waiting lists had fallen in Labour's first year in power, according to recent polling for the Health Foundation thinktank in September:

the entertainment giant was careful to mention that it has already received multiple unsolicited offers "for both the entire company and Warner Bros." We knew about WBD's plan to split back into two corporate entities, and that the company had just refused a lowball acquisition proposal from David Ellison's newly merged Paramount Skydance. But what was new and very telling was CEO David Zaslav's humblebragging about WBD's portfolio "receiving increased recognition by others in the market."