Kier Group to cut costs with 1,200 job losses BelfastTelegraph.co.uk Construction firm Kier Group is to cut 1,200 jobs as part of its plans to simplify the business and save on costs. https://www.belfasttelegraph.co.uk/business/uk-world/kier-group-to-cut-costs-with-1200-job-losses-38225376.html https://www.belfasttelegraph.co.uk/business/uk-world/article38225374.ece/08390/AUTOCROP/h342/bpanews_f93b8ebe-79d1-44c5-9114-61375664ca17_1 Email Construction firm Kier Group is to cut 1,200 jobs as part of its plans to simplify the business and save on costs. The company said on Monday that it had completed a strategic review under new chief executive Andrew Davies which identified ways to generate cash and reduce its debts. The job losses are the result of the Future Proofing Kier programme, which has been accelerated so that 650 full-time employees will have left by the end of this month. Another 550 are expected to go by the end of the 2020 fiscal year. The move is expected to create … [Read more...] about Kier Group to cut costs with 1,200 job losses
Job losses
Aviva announces 1800 job losses
Concerns have been raised about potential job losses in Perth after Aviva announced it is going to cut nearly 2000 staff. The insurance company, one of the city’s biggest employers, announced yesterday (Thursday, June 6) it is to shed 1800 jobs worldwide over the next three years to reduce costs, and to move forward with plans to split the business in two. These job losses will impact on Aviva’s 16 UK offices, including its base in Perth. John Swinney, MSP for Perthshire North, also said: “Clearly, the news of potential job losses is worrying both for Aviva employees and for the wider Perth area. “I note that, at present, no concrete plans have been brought forward by Aviva. “Accordingly, I will be looking to meet with senior Aviva stakeholders as soon as possible to seek assurances over the future of their Perth operation and to better understand their rationale. “In the interim, should any of my constituents employed by Aviva wish to discuss the … [Read more...] about Aviva announces 1800 job losses
Aviva staff in Norwich face wait over 1,800 job losses
PUBLISHED: 15:46 06 June 2019 | UPDATED: 15:46 06 June 2019 Caroline Culot Aviva has announced it is losing 1,800 jobs in a new bid to become more efficient as a business. Pic: Archant Staff at Aviva in Norwich face an uncertain few months waiting to hear whether their jobs could be axed. The shock announcement was met with concern around the county as to how the insurance giant - with its origins in Norwich going back more than 100 years - could be faced with having to slash staff numbers.Staff arriving at work said they had "no idea" about the cuts but were later briefed by managers. Many told this newspaper they were in a state of shock.The job cuts form part of Aviva's new CEO Maurice Tulloch's bid to make the company more efficient, slicing off £300m to reduce its expenses from £4bn to £3.7bn. In response, local MPs Norwich South's Clive Lewis and Broadland's Keith Simpson both expressed big concerns, particularly in the wake of other … [Read more...] about Aviva staff in Norwich face wait over 1,800 job losses
Ford confirms plan to close Bridgend plant with 1,700 job losses
Ford confirms plan to close Bridgend plant with 1,700 job losses BelfastTelegraph.co.uk Ford has come under attack from unions after announcing plans to close its engine plant in Bridgend next year, with the loss of 1,700 jobs. https://www.belfasttelegraph.co.uk/news/uk/ford-confirms-plan-to-close-bridgend-plant-with-1700-job-losses-38187746.html https://www.belfasttelegraph.co.uk/news/uk/article38187741.ece/bb313/AUTOCROP/h342/bpanews_9a08ca2f-e01f-4435-bd2e-53fd021541bf_1 Email Ford has come under attack from unions after announcing plans to close its engine plant in Bridgend next year, with the loss of 1,700 jobs. The company blamed the ending of a contract with Jaguar Land Rover and a fall in sales of petrol engines amid huge changes in the car industry, stressing that the decision was not related to Brexit. The 40-year-old plant in South Wales will close in September 2020, affecting jobs in companies supplying goods and services to the plant, and delivers another huge blow … [Read more...] about Ford confirms plan to close Bridgend plant with 1,700 job losses
Major job losses planned at gas company Cadent
A gas supplier which employs hundreds of people in Leicestershire is planning substantial job losses as part of a dramatic bid to cut costs. Cadent, which has major operations in Hinckley, Leicester, and in nearby Coventry, has written to almost half its staff offering them voluntary redundancy. It is also cutting the number of contractors it uses and asking employees to consider more flexible retirement plans. It is thought around 400 jobs could go across the company - 10 per cent of the 4,000-strong workforce. There are around 1,000 staff, including contractors, at a main office and call centre in Brick Kiln Lane, Hinckley, and 300 staff in Coventry. There is a call centre in Leicester. Cadent also runs the national gas emergency service, which has a depot in Aylestone Road, Leicester. That division will not be affected by the cuts. Graduate employees, staff who have been with the company for less than two years, and maintenance staff are not being invited to take voluntary … [Read more...] about Major job losses planned at gas company Cadent