US unemployment hits a post-WWII record of 14.7% after 20m jobs are lost in just one month By Hugo Duncan for the Daily Mail Published: 21:51 BST, 8 May 2020 | Updated: 09:12 BST, 9 May 2020 Unemployment in the United States has soared to a record high after the loss of more than 20m … Read more
Rolls-Royce will cut 9,000 aerospace jobs to save £1.3billion after air travel slumped in coronavirus pandemic Engineering giant has a global workforce of 52,000, 24,000 of whom are in UK Many cuts will be in civil aerospace but unclear how many will be happen here Demand for engines has slumped as airlines remain grounded during … Read more
Rolls-Royce will cut 9,000 aerospace jobs to save £1.3billion after air travel slumped in coronavirus pandemic By Rory Tingle For Mailonline Published: 07:22 BST, 20 May 2020 | Updated: 07:33 BST, 20 May 2020 Aerospace giant Rolls-Royce has said it plans to cut at least 9,000 jobs after the aviation industry was hit hard by … Read more
Bella Italia and Cafe Rouge are on the brink of collapse with 6,000 jobs at risk after owner files notice to appoint administrators at High Court Owner Casual Dining Group said move will give the firm 10 days breathing space The company confirmed it’s working with advisers from corporate finance firm AlixPartners over a potential restructuring … Read more
Workers in private sector face year of stagnant wages and few chances to move, as pay and hiring suffer coronavirus fallout By Daily Mail City & Finance Reporter Published: 21:55 BST, 17 May 2020 | Updated: 21:55 BST, 17 May 2020 Workers in the private sector are set for a year of stagnant wages and … Read more
British Airways’ owner could slash thousands more jobs as airline industry faces its ‘greatest crisis’ By Francesca Washtell For The Daily Mail Published: 22:16 BST, 11 May 2020 | Updated: 22:53 BST, 11 May 2020 British Airways’ owner could slash thousands more jobs as the airline industry faces its ‘greatest crisis’. IAG has already announced … Read more
TUI will cut up to 8,000 jobs across the globe after losing £747m in 2020 as chief exec says Covid is the ‘biggest crisis’ ever faced by holiday industry Anglo-German company said it was working to ‘reduce its cost base’ by 30% Said this will affect 8,000 roles that will ‘either not be recruited or … Read more
Men working in low paid jobs are significantly more likely to die of COVID-19 than anyone else between the ages of 20 and 64, a ‘horrifying’ report has revealed. Those who work as security guards have one of the highest death rates along with social care workers, drivers and chefs. And they are up to … Read more
Engineering giant Rolls-Royce preparing to cut up to 8,000 jobs in jet engine business By Harriet Dennys, Financial Mail On Sunday Published: 21:57 BST, 2 May 2020 | Updated: 21:57 BST, 2 May 2020 Engineering giant Rolls-Royce is preparing to cut up to 8,000 jobs in its jet engine business. An insider said the company’s … Read more
Rolls Royce ‘is to cut up to 8,000 jobs’ as coronavirus crisis hits income from air industry in impact that ‘could be worse than 9/11’ Aero-engine maker Rolls-Royce Holdings could cut up to 15% of its workforce A source told Reuters it is not finalised and there is still negotiation to be done In April … Read more