Chief executive Noel Quinn used the memo to explain that the cost-cutting, first announced in February and due to take place over three years, was "even more necessary today" as the group faces "challenging times" posed by the COVID-19 fallout that has seen its market value tumble by over a third in the year to date. … [Read more...] about Coronavirus: HSBC resumes 35,000 job cuts to fury of union
Job losses
Sports Direct boss Mike Ashley ‘wants to buy Sir Philip Green’s Topshop empire Arcadia Group’ – two years after saying he wouldn’t pay a POUND for it – as experts warn it faces ‘inevitable’ ruin within days putting 13,000 jobs at risk at ‘worst possible ti
July 14 - Vertu - 345July 14 - DFS - up to 200 at riskJuly 9 - General Electric - 369July 9 - Eurostar - unknown numberJuly 9 - Boots - 4,000July 9 - John Lewis - 1,300 at riskJuly 9 - Burger King - 1,600 at riskJuly 7 - Reach (owns Daily Mirror and Daily Express newspapers) - 550July 6 - Pret a Manger - 1,000 at riskJuly 2 - Casual Dining Group (owns Bella Italia and Cafe Rouge) - 1,909July 1 - SSP (owns Upper Crust) - 5,000 at riskJuly 1 - Arcadia (owns TopShop) - 500July 1 - Harrods - 700July 1 - Virgin Money - 300June 30 - Airbus - 1,700June 30 - TM Lewin - 600June 30 - Smiths Group - 'some job losses'June 25 - Royal Mail - 2,000June 24 - Jet2 - 102June 24 - Swissport - 4,556June 24 - Crest Nicholson - 130June 23 - Shoe Zone - unknown number of jobs in head officeJune 19 - Aer Lingus - 500June 17 - HSBC - unknown number of jobs in UK, 35,000 worldwideJune 15 - Jaguar Land Rover - 1,100June 15 - Travis Perkins - 2,500June 12 - Le Pain Quotidien - 200June 11 - Heathrow - at least … [Read more...] about Sports Direct boss Mike Ashley ‘wants to buy Sir Philip Green’s Topshop empire Arcadia Group’ – two years after saying he wouldn’t pay a POUND for it – as experts warn it faces ‘inevitable’ ruin within days putting 13,000 jobs at risk at ‘worst possible ti
Johanna Konta accuses French Open chiefs of sexism after semi-final loss
She said: “I think more than anything, what is tiring and what is really unfortunate in this more than anything is that women - athletes, female athletes - have to sit in different positions and have to justify their scheduling or their involvement in an event or their salary or their opportunities. … [Read more...] about Johanna Konta accuses French Open chiefs of sexism after semi-final loss
Sir Philip Green’s Outfit stores are to close with loss of 700 jobs
More from Business HSBC to shut 82 bank branches as customers shift online Blame COVID not Brexit for price export woes - business secretary Bellagio operator says it won't up the stakes in offer for Ladbrokes owner COVID-19: Sunak urged to extend furlough scheme before budget Ex-Greene King chief Anand raises £200m to invest in ailing pubs sector COVID-19: Christmas online demand boost from cooking sauces to kitchen appliances … [Read more...] about Sir Philip Green’s Outfit stores are to close with loss of 700 jobs
Pandemic, climate change threaten global stability: WEF
Society seeing rising disparities The pandemic led to one of the swiftest organizational transformations in history as governments and businesses went digital to minimize the disruption caused by lockdowns. The restrictions spurred an unprecedented adoption of digital technologies as people were asked to work from home, schools and universities took their classes online, doctors and patients turned to telemedicine and political leaders switched to virtual summits. … [Read more...] about Pandemic, climate change threaten global stability: WEF
