Morrisons plans to cut approximately 200 roles at its Bradford head office. These reductions will affect positions across marketing, commercial, and technical teams. The layoffs are part of a multi-year transformation strategy. This initiative... — read more
BBC Announces Significant Job Reductions for Cost Savings
BBC will reduce its workforce by up to 2,000. This represents nearly 10% of its total workforce. The network seeks £500 million in financial savings. The savings plan spans the next two years. Entire channels or services may face potential... — read more
FP Markets Cuts Staff Amid Organizational Review
FP Markets has reduced its global workforce. Less than 7% of its employees were affected by the cuts. This action is part of a broader organizational review. The Australian-based broker previously employed over 300 staff. Other retail brokerage firms... — read more
Poundstretcher Seeks Rent Cuts, Avoids Job Losses
UK discount chain Poundstretcher announced a property restructuring plan. The goal is to reduce its cost base and secure its future. The plan involves seeking rent reductions from landlords. Poundstretcher confirmed no store closures or job cuts are... — read more
KPMG UK Plans Audit Workforce Reduction
KPMG UK intends to reduce its audit division workforce. Up to 440 employees are expected to be laid off. Nearly 600 staff members were warned about potential job losses. Low staff turnover and changing market conditions are cited as reasons. This... — read more
HSBC Considers 20,000 Job Cuts Amid AI Overhaul
HSBC Holdings Plc is reportedly considering significant job cuts. Up to 20,000 roles could be eliminated over several years. This reduction is part of an AI-led overhaul strategy. Non-client facing roles in global service are expected to be most... — read more
Bentley Motors Cuts Jobs Over China Slowdown, EV Demand
Bentley Motors will cut 275 office roles. This represents about 6% of its total workforce. Declining China sales and low EV demand are factors. US tariffs also contributed to this decision. The company aims to maintain competitiveness. ... — read more
LADbible layoffs
A dozen staffers are getting booted from the social video team in Manchester. Last year it was London, this year Manchester. I wonder who's next.
Morgan Stanley Axes 2,500 Staff Globally
Global bank Morgan Stanley announced significant job cuts. The cuts impact three percent of its global employees. The company cited changing business priorities and individual job performance. These reductions follow similar moves by other large... — read more
Universal Music Group Subsidiary Mercury Studios Reduces Staff
Universal Music Group's Mercury Studios laid off several staff. MD Kelly Sweeney and other senior staff exited the company. Mercury Studios is based in London. The studio produces music documentaries and live concert recordings. These layoffs reflect... — read more
Build A Rocket Boy Studio Cuts More Jobs
Build A Rocket Boy implemented further layoffs at the company. CEO Mark Gerhard described the decision as deeply painful. He also claimed overwhelming evidence of corporate espionage and sabotage. The studio previously launched the action-adventure... — read more
Barclays CEO Cuts Jobs, Shifts Bank Strategy
Barclays' new chief executive announced a fresh course for the British lender. He pledged to cut at least 3,700 jobs. The bank will also prune its investment banking division. This aims to rebuild its reputation and boost profitability. The CEO... — read more
British Retailers Cut Staff Due to High Costs
UK unemployment reached 5.2%, a five-year high. The retail sector lost 74,000 jobs year-on-year. Businesses attribute these job losses to higher labor costs. Increased National Insurance contributions and minimum wage hikes impacted hiring. Younger... — read more
BIG London Employees Protest Job Cuts
Employees at BIG's London office are protesting today. This action responds to proposed mass layoffs at the firm. A major project, employing half the London staff, was recently terminated. Up to 72 of 160 workers face redundancy as a result. The... — read more
UK Workers Sue TikTok Over Alleged Union Busting
Former TikTok content moderators in the UK are suing the company. They allege TikTok engaged in union busting tactics. Layoffs reportedly occurred just before a scheduled union vote. TikTok denies these claims, citing AI-driven restructuring for... — read more
Exertis confirms layoffs
The UK technology distributor has informed staff of plans that could reduce headcount from approximately 1,200 employees to around 130, subject to... — read more
UK publisher Outright Games confirms layoffs
Outright Games is making 27 employees redundant. The Chicken Run: Eggstraction and Teenage Mutant Ninja Turtles: Mutants Unleashed publisher said the decision will enable it to adapt to shifting market... — read more
Even more UK gaming industry layoffs
As confirmed by parent company Thunderful Group, Coatsink will be losing around half of its total workforce, equating to 50-60 roles, all because of "a more challenging co-development market" and as "the business is currently unable to support all... — read more
Splash Damage layoffs
Known for its work on Gears Tactics, DOOM 3, and Halo: The Master Chief Collection, Splash Damage will be making significant job cuts. Staff have been informed and have said so about this on... — read more
TikTok cutting hundreds of UK positions
An email sent to all UK staff in TikTok’s trust and safety department stated that moderation and quality assurance work might no longer be carried out at the London site, as first reported by the Financial... — read more
Supermassive Games layoffs
Until Dawn developer Supermassive Games set to lay off another 36 employees after a 'redundancy consultation process', delays Directive 8020 to... — read more
More temporary layoffs at Sunseeker
Sunseeker International has laid off around 100 employees due to persistent “operational issues”. Although the company has confirmed that this decision is temporary, with workers set to return by the end of the month, it has raised serious concerns... — read more
Sunseeker announces temporary staff layoffs following supply chain disruptions
British yacht builder Sunseeker International has announced temporary layoffs for a number of its employees, citing cash-flow challenges due to supply chain disruptions. The company, based in Poole, Dorset, informed affected staff of the decision... — read more
CNBC carried out layoffs in its international operation in London
https://talkingbiznews.com/media-news/cnbc-makes-small-number-of-international-layoffs/
Direct Line to cut 550 jobs to save costs
https://www.lifeinsuranceinternational.com/news/direct-line-to-cut-550-jobs-to-save-costs/
BBC announces latest cuts including long-running news show and 130 jobs
HARDtalk, the long-running world affairs BBC News programme, will be axed in a move criticised by presenter Stephen Sackur as “depressing” for the future of in-depth interviews which hold politicians to account. Sackur, 60, said he will leave the... — read more
Payload Studios announces layoffs – 25% of staff affected
Payload Studios announces layoffs, affecting 25% of staff due to industry challenges. CEO Russ Clarke assures continued support for TerraTech and TerraTech Worlds. The gaming industry has seen widespread layoffs, impacting both large and indie... — read more
BBC to axe 500 more jobs in bid to be 'more agile'
The BBC is to axe 500 jobs over the next 20 months in a bid to save £200 million (S$347.5 million) and become a “leaner, more agile organisation,” the British public service broadcaster announced on Tuesday (Jul... — read more
Layoffs expected after Universal Music UK announces plans to merge Island Records and EMI
https://musictech.com/news/industry/emi-island-merger/
Dyson to cut 1,000 jobs in the U.K.
In a statement to CBS MoneyWatch, Dyson CEO Hanno Kirner cited increased competition as a reason for the layoffs. "We have grown quickly and, like all companies, we review our global structures from time to time to ensure we are prepared for the... — read more
Sega to Sell Relic Entertainment, Will Cut 240 Employees Across UK, Europe
https://variety.com/2024/gaming/news/sega-relic-entertainment-sale-layoffs-240-employees-1235954787/
Supermassive Games layoffs 2024
Supermassive Games Announces Major Layoffs Amid Gaming Industry Challenges Supermassive Games, known for narrative-driven games, faces layoffs amid industry challenges... — read more
Manchester United layoffs in the works
250 people to be affected.
Everywhere and Mindseye developer Build a Rocket Boy announces layoffs
A PCGamesN source has confirmed that Build a Rocket Boy, the developer founded by former Rockstar North president and long-time Grand Theft Auto producer Leslie Benzies, has laid off a currently unknown number of staff... — read more
Layoffs To Come At IMG Media’s Production Arm In London
One of the UK’s biggest sports producers could lay off around 5% of staff as the troubling economic headwinds hit the world of sports production. Around 25 to 35 people at Endeavor-owned IMG Media‘s production arm in London are to enter a... — read more
First store closures at Tesco in 15 years
You know things are not going well if Tesco is closing stores.
U.K. Broadcaster Channel 4 Plans Layoffs Amid Advertising Slump
The Guardian, which first broke the news, reported that as many as 200 jobs could be cut, marking the company’s biggest round of layoffs since 2008. According to Channel 4, the layoffs are necessary to “invest more” in the broadcaster’s “digital... — read more
Ratcliffe plans massive layoffs at Man United
https://dailysports.net/news/ratcliffe-plans-massive-layoffs-at-man-united/
Team17 hit by redundancies - UK firm latest to suffer layoffs
Team 17 - the British developer and publisher behind beloved indies including Dredge, Blasphemous 2, and Moving Out 2 – is facing a wave of layoffs. According to an anonymous source familiar with the situation at the studio, this has resulted in the... — read more
NCC profits plummet in 2023 following two rounds of layoffs
NCC Group has reported a by 94.5 per cent drop in operating profits in 2023 to £1.9m, quoting a reduced trading performance in assurance (cybersecurity) and a loss before taxation of... — read more