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...The UK-based media group in the coming weeks is set to talk to staff in teams that could be affected by the job losses, according to people close to the plans....
...The Body Shop will close just under half of its 198 UK stores, putting hundreds of jobs at risk, the ethical beauty retailer’s administrators said on Tuesday....
...jobs at the site in Wales....
...Train maker Alstom is close to a deal with the UK government over an order for new trains that could prevent mass job losses at its historic factory in Derby....
...India’s Tata Steel will close the last two blast furnaces at the UK’s largest steelworks in Wales as part of a sweeping restructuring, cutting up to 2,800 jobs....
...The job cuts were first reported by Bloomberg....
...The region-wide Stoxx Europe 600 hovered close to flat in early trading, with energy stocks leading gains and technology shares the biggest fallers....
...(In December, close to 40 per cent of those surveyed by Harris Poll said their households had relied on additional incomes — such as from multiple jobs — to make ends meet) 4) Unemployment is higher in...
...The import terminal is expected to employ about 100 workers, according to a source close to the company....
...Trade body UK Finance said decisions to freeze or close accounts were often linked to risk management and regulatory obligations....
...Channel 4 has revealed plans to cut close to a fifth of jobs and axe underperforming linear TV channels under plans to restructure the broadcaster to become a mainly digital streaming service by 2030....
...About 1,500 job losses had previously been announced. “Although separate bids may be made for leases of groups of sites, these deals will not secure jobs,” the union said....
...News UK is expected to cut jobs as a result of the move and has started a consultation with staff, according to a person familiar with the situation....
...Soon afterwards, Nippon said it did not plan to close plants or lay off staff before the USW’s employment contract expired in 2026....
...MAC chair Professor Brian Bell said the new salary thresholds would in practice close the system to most non-graduate jobs, underlining the need for ministers to clarify their aims....
...As a consequence, we are proposing to close some parts of that business. “We will consult on this with people in these teams over the coming weeks....
...Shares in Forvia, which rose close to 6 per cent in early trading, later retreated and were trading down 5 per cent at the €15 level by early afternoon....
...UK asset manager Abrdn is preparing to make hundreds of job cuts as part of a drive to cut about £150mn in costs....
...He is completely focused on the job in hand and delivering for the British people.”...
...Lei has repeatedly tried to make premium phones but failed to find many buyers at prices close to Apple’s....
...The decision is expected to lead to up to 2,800 job losses across the company’s heavily lossmaking UK operation, which employs about 8,000 people....
...People close to the group say it is too early to say who will take the top job: although his eldest child Delphine holds the most senior position within his empire as chief executive of Dior and a member...
...Baillie Gifford, which employs about 1,800 people, is also making “dozens” of lay-offs and closing four fixed-income funds that collectively have less than £50mn in client assets, according to a person close...
...The moves came as Christine Lagarde, the ECB president, reiterated that rates were unlikely to fall anytime soon and that job growth “may lose momentum” towards the end of the year....
...Yet, economists have said that rather than replacing the jobs lost with equivalent roles in “green” manufacturing, the goal should be to ensure people can find good jobs reasonably close to home....
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