HMV has put a stop to its planned new store openings in the UK due to increased national insurance costs.The music chain’s owner, Doug Putman, cited…
Browsing: job cuts
Retailers face potential job cuts due to recent tax increases, according to the Bank of England governor.A letter from the British Retail Consortium highlights a possible…
Ann Summers faces significant challenges as it trims its workforce to manage rising costs.The company has announced a planned reduction of 20 to 30 positions to…
Amid rising fiscal challenges, retail leaders have raised alarms about potential job losses.Bank of England chief Andrew Bailey supports retailers’ warnings to the government about job…
The increase in employers’ National Insurance contributions is expected to lead to significant challenges in the retail sector.More than 70 major retailers, including Tesco and Sainsbury’s,…
Little Moons announces significant operational changes after recent expansions.The company is closing its newly opened Kettering factory.Little Moons plans to shift production back to London facilities.Potential…
H&M plans to shut down its Edinburgh call center by year-end, impacting 150 workers.The closure is driven by market competition, evolving customer behaviors, and operational expenses.Affected…
Asda announces a new wave of job cuts, with significant implications for its IT department.This follows the recent redundancy of 500 staff members, which raised concerns…
Asda is initiating another round of job cuts following significant head office layoffs.Approximately 500 head office staff were made redundant by Asda without a consultation phase.The…
Asda is planning significant job cuts, raising concerns due to lack of consultation.500 roles were eliminated without a mandatory 45-day consultation earlier this month.Further redundancies are…