#job-losses

#job-losses

Proposed inheritance tax changes threaten family businesses, risking forced sales and job losses, according to Family Business UK.

Tech industry in the Bay Area is stabilizing after years of layoffs, with job losses less severe recently.

The UK's labour market faces threats due to rising unemployment and economic policy changes outlined in the Autumn Budget.

Rising healthcare prices lead to job losses and negative impacts on workers.

Proposed National Insurance increase may lead to significant job losses and store closures in the retail sector.

The UK's hospitality sectors face closures and job losses due to increased national insurance costs.

New business rate reforms in London's West End could lead to store closures and job losses due to a £44.5 million hike in property bills.

Over 17,000 UK shops may face closure without urgent business rates reform.

Proposed tariffs by Trump could lead to significant job losses in Ontario, with estimates ranging from 450,000 to 500,000 at risk.

Businesses are facing significant job losses due to rising employment costs and economic uncertainty.

Recent tax changes have led to reduced hiring in the private sector.

UK job losses are accelerating in the private sector, despite slight economic activity growth, threatening confidence and overall recovery.

UK retailers face inevitable job losses and increased prices due to a £7 billion hit from tax increases,

Labour's tax increases could jeopardize tens of thousands of businesses and lead to significant job losses.

Tata Steel plans to cut 2,500 jobs in Port Talbot; UK government proposes support for green steel transition.

Ted Baker is closing all UK stores, risking over 500 jobs, following the company's administration earlier this year.

Aviva is acquiring Direct Line for £3.7 billion, aiming to enhance its position in motor and home insurance markets in Britain.

Layoffs in the gaming industry are already on the rise in 2024, with over 5,600 job losses recorded in just the first month.

Microsoft plans to cut 1,900 roles across its gaming divisions as part of a strategy to align with a sustainable cost structure.

Car production in the UK has decreased for eight months, raising concerns in the automotive industry amid challenges transitioning to electric vehicles.

Stellantis plans to close Luton factory, risking 1,100 jobs, and shift focus to electric vans at Ellesmere Port.

Lion Electric is entering creditor protection amid significant debt challenges and massive layoffs, raising concerns about its viability.

The UK government's electric vehicle targets face criticism for being unrealistic without additional support, risking jobs and manufacturing appeal.

ENGIE to liquidate EVBox group following substantial financial losses, seeking solutions to minimize social impacts while ensuring reliable execution of the wind-down.

2024 has been both a noteworthy year for gaming and a challenging one due to significant job losses across the industry.

It's a challenging time for game developers with job losses due to cost-cutting, but there are also positive breakout successes in the industry.

LL Flooring, after filing for Chapter 11 bankruptcy, is winding down operations and closing all remaining stores due to failed negotiations for a buyer.

Bombay Pantry has closed due to challenging market conditions despite earlier efforts to rescue it through examinership.

Royal Mail warns of possible job losses and price rises due to significant financial burdens from Labour’s Autumn Budget hitting their operations hard.

Increased National Insurance will lead to significant job losses and closures in the hospitality sector.

Ted Baker is closing all physical stores in the UK and Ireland due to significant financial difficulties, impacting over 500 jobs.

Lidl faces tens of millions in extra costs due to tax hikes, signaling potential job losses and higher prices for customers.

Homebase's Romford store's future is uncertain after administration, with thousands of jobs at risk across the UK.

Harland and Wolff is entering administration, with job losses imminent despite ongoing efforts to support its staff and secure future operations.

ISG's collapse leads to over 2,000 job losses and halts several critical government construction projects.

Harland and Wolff has entered administration for the second time in five years, resulting in significant job losses but operational continuity for shipyards.

116 UK Body Shop stores to remain open, 75 to close with 489 jobs lost

The Body Shop hired administrators due to financial challenges and difficult trading environment

The Body Shop plans to close 75 stores in the next six weeks, resulting in the loss of 489 jobs.

Administrators are focusing on restructuring to stabilize the business and ensure a long-term sustainable future for the iconic brand.

Potential closure of 115 Crown Post Office branches threatens 1,000 jobs amidst efforts to achieve financial stability and address community reliance on these services.

The Post Office is undergoing significant restructuring, risking numerous jobs and branches, to address financial losses and competition in the market.

The Post Office could close over 100 branches in the UK, risking thousands of jobs to increase postmaster pay by £250 million.

The rescue deal for TGI Fridays' UK arm saves 51 locations but results in 35 closures and over 1,000 job losses.

A rescue deal for TGI Fridays saves nearly 2,400 jobs, but leads to 1,000 job losses as 35 restaurants permanently close.

TGI Fridays shuts down 35 stores in the UK with 1,012 job losses while saving 51 locations and nearly 2,400 jobs.

British Steel's early closure of blast furnaces may result in 2,500 job losses, impacting the local community severely.

The British government and Tata are investing in greener steel production but will result in significant job losses.

Hundreds of tech jobs are being cut in the Bay Area, with companies like Ebay, Google, Cruise, Broadcom, Roku, and Bloom Energy announcing layoffs.

Ebay is cutting 9% of its workforce, Google is cutting around half a percent of its workforce, Cruise is laying off 900 employees, Broadcom is laying off 2,837 employees, Roku is cutting an additional 136 jobs, and Bloom Energy is cutting 47 permanent roles and 50 contractors.

The Bay Area has lost 3,400 jobs in July, indicating significant economic strain, particularly in the tech sector.

The Chips Act aimed to bring the semiconductor industry back to the US but has led to failures and job losses.

Body Shop closing 75 more shops, 489 job losses

Administrators aim to preserve brand through heavy restructuring.

The Body Shop, known for its distinct scents, is reportedly appointing administrators after being acquired by private equity firm Aurelius Investment.

The move to appoint administrators is typical when a private equity firm needs to make a profit and cut losses in a short period of time.