Waterstones will make many of its head office staff redundant in the wake of Covid-19, the chain announced. Meanwhile Debenhams’ relaunch as an online-only operation in March means 10,000 employees are set to lose their jobs, bringing an end to the chain’s 116 department stores. Chief executive Robert Sinclair said: “We have held off looking at job losses for as long as possible, but sadly we are not immune from the devastating impact of this virus.”. Pret A Manger has announced it is to permanently close 30 of its shops after it experienced “significant operating losses” as a result of the pandemic. Job losses from virus 4 times as bad as '09 financial crisis A UN report says that four times as many jobs were lost last year due to the coronavirus â¦ shares. Almost 1,500 jobs are due to go at the National Trust as it seeks to slash £100m from its annual costs. LONDON (Reuters) - Like thousands of employers in Britain, Alison Griffin fears she could soon have to â¦ At the start of November Lloyds announced another 1,000 UK job cuts. The UK economy shrank by more than 20% in the first half of the year due to Covid-19, and grim news has continued with further announcements of job losses seen in the past seven days. Job furlough scheme fails to stop 314,000 people losing job in three months to September Published: 10 Nov 2020 UK redundancies hit record before second Covid lockdown M&S said the plans came after seeing a "material shift" in trade. Pizza Hut has announced plans to shut 29 restaurants, putting 450 jobs at risk as it becomes the latest chain to scale back in the wake of the coronavirus pandemic. Manufacturer Johnson Matthey is cutting almost 10pc of its workforce, around 2,500 roles, as it battles the coronavirus downturn. High street clothing chain River Island announced that it will slash 350 jobs following a slump in revenues and profits during lockdown. It has also launched a full review of overhead costs, which will be concluded by the end of the year. Sushi has said it plans to cut 250 jobs and close down 19 restaurants as part of a company-wide restructure. Nottingham-based Buzz Bingo announced the permanent closure of 26 sites, putting 573 jobs at risk. School closures and job losses in UK âcould lead to social unrestâ | Coronavirus February 5, 2021 by Young people are at risk of becoming unemployable and turning to crime amid partial school closures and rising joblessness, in a spiral that could lead to social unrest, the crime commissioner for Englandâs second biggest force has warned. More than 1,900 jobs have been lost after the owner of Café Rouge and Bella Italia fell into administration leading to the permanent closure of 91 restaurants. Almost 500 jobs are at risk at Mulberry as it takes drastic measures to slash costs during the coronavirus crisis. Like most of its rivals, the bank froze the shake-up due to the coronavirus crisis but is now reigniting its original plans. In October outlined plans to close all of its screens in the UK, putting some 5,500 jobs in the UK at risk. Chief executive Melinda Paraie said: “Despite our very best efforts, against the backdrop of Covid-19, we were unable to secure a solvent sale of the business which would have allowed us to avoid administration and carry on trading in our current form.”. Published 8 April 2020 Last updated 3 â¦ It is not known how many are in the UK. Those affected were told earlier in the year they would not lose their jobs before October. The contractor expects to reduce costs by £100m by next June. High street lender Virgin Money will go ahead with plans to shut or merge 52 branches and lay off 300 people after initially putting the overhaul on hold amid the Covid crisis. Renegotiated rents and 50 shop closures last year could not save Sir Philip Green’s Arcadia from collapsing into administration in November 2020, putting 13,000 jobs at risk during the pandemic. But job losses, and bleak prospects for rehiring or expansion, arenât evenly distributed across industries, or groups of workers. Travel trade association Abta said the coronavirus pandemic is the main reason for its failure as it battled with thousands of refunds and a stop to new bookings. British multinational security services company G4S is planning to cut around 1,000 jobs from its struggling cash-handling business. Travel bosses blame government Covid policies for industry crisis and job losses. Shoe chain Clarks is preparing to slash 900 corporate roles, which will be partially offset by the creation of 200 new jobs. Deutsche Bank, one of the City’s largest employers, said it was ploughing ahead with its plans to cut 18,000 jobs despite the coronavirus pandemic. UK pubs announce heavy losses and job cuts as Covid curbs bite This article is more than 1 month old Mitchells and Butlers and Fuller, Smith & â¦ The company said the cost-cutting scheme would incur a one-off cost of £20m but would help it save £35m a year. The Newcastle engineering group expects to cut some 200 jobs after the coronvirus lockdown hit demand for its services. While Lady Tina Green has brought forward an agreed payment of £50m to fund the scheme, the Greens have not announced any extra cash. A leaked email seen by The Telegraph showed bosses at Emirates told their 600-strong British staff that it had to “consider reducing the size of the UK workforce”. While every effort has been made to include every redundancy we are aware of, the numbers listed will be an underestimate and will miss announcements from smaller companies. Daily Mail and General Trust (DMGT), which also owns MailOnline, Metro and the i, has begun consulting with staff over cuts to both editorial and commercial roles in its publishing division. Years of UK jobs growth wiped out by coronavirus Claims for universal credit benefit surge to 950,000 since lockdown began A closed restaurant in Brick Lane, east London. Byron is one of many casual dining chains to fall on hard times during the coronavirus pandemic after struggling to obtain financial support through the Treasury’s emergency loan schemes. Furniture retailer Harveys has collapsed into administration, putting around 1,330 jobs at risk. Up to 1,200 jobs are set to be lost after Azzuri Group, owner of the chains Zizzi and Ask Italian, said it would not reopen about 75 restaurants following the coronavirus pandemic. Proposed job cuts would see 465 jobs go at Manchester, 376 disappear at Stansted and 51 axed at East Midlands, subject to union discussions. The Luxury bed maker is expected to cut around 230 jobs at its Plymouth factory after the operation was mothballed following the coronavirus outbreak. German courier service DHL has announced that it will be slashing up to 2,200 jobs in its UK division which is responsible for doing logistics for Jaguar Land Rover. It said it had taken the decision due to an "unsustainable operating environment for the foreseeable future". Bernard Looney, the company’s chief executive, told staff that 15pc of the firm’s global workforce is to be laid off following a collapse in the oil price that has left the industry reeling. However, it later revealed it had axed almost double that figure - 953 - in a torrid set of half-year trading figures. It came just weeks after the cinema chain revealed it had recorded $1.6bn (£1.3bn) in losses for the six months to the end of June. Asos has acquired Topshop, Topman, Miss Selfridge and HIIT for £265m but will not purchase any physical stores. ... British and Irish Lions The coronavirus situation both in the UK and South Africa is â¦ We have never seen anything like Covid-19 in our lifetimes.”. Anglo-German travel and tourism company Tui confirmed in September that it would axe 8,000 jobs after summer bookings fell by more than 80pc and it battles to cut costs but almost a third. Lloyds Banking Group will begin shedding the roles from November, although the cuts will be partially offset by the creation of 226 new jobs. The firm has axed 422 people from its premium chauffeur service Tristar, documents show, and is considering further cuts to the parent company's backroom staff, according to an industry source. Your support powers our independent journalism, Available for everyone, funded by readers, The closure of businesses since the second wave leaves the unemployed fearful for the future, Workers aged under 25 more than twice as likely to have lost job in past two months, Closures to be spread across UK, including branches in London, Glasgow and Cardiff, The new measures for workers on the furlough scheme are not generous enough to prevent a damaging rise in unemployment. By Tera Allas, Marc Canal, and Vivian Hunt Royal Mail announced in June it would axe 2,000 jobs as the firm slashes costs and overhauls its management to fight back from a Covid profit slump. So called "wholesale, retail and repair of motor vehicles" came in at 47.6 percent of job losses - or roughly two million jobs. In March, ferry company P&O Ferries announced it was temporarily laying off 1,100 staff members as the 180-year-old firm teeters on the brink of collapse. The company said it needed to reduce costs as its shops in airports and train stations are hit by low passenger numbers and its high street stores also suffer from low footfall. It plans to â¦ The employment networking site, owned by Microsoft, has announced that it will cut 960 jobs, equivalent to around 6pc of its global workforce. The Evening Standard is to cut 115 jobs, a third of its staff, as the London newspaper seeks to cut costs to survive the coronavirus pandemic, which has hit its advertising revenues. Brewer and pub chain Greene King has vowed to close 79 sites - of the 3,100 it operates - as a result of the crisis. ... accounting for over a third of UK job losses. COVID-19 in the United Kingdom: Assessing jobs at risk and the impact on people and places Around 7.6 million jobs, or 24 percent of the UK workforce, are at risk because of COVID-19-related lockdowns. 6 Min Read. There are reports that Asos rival Boohoo is targeting the remainder of Arcadia’s brands, namely Dorothy Perkins, Burton and Wallis. The company employs approximately 1,100 people in and around Southampton. These come after the retailer announced 2,500 UK job cuts in 2020. By Reuters Staff. While there are hopes that a vaccine will enable a faster return to normality, lasting changes are nonetheless expected, with consequences for jobs across the country. The statement came following the company's vow earlier this year to embrace green energy and slash its carbon emissions to net zero by 2050, in the latest sign of seismic changes sweeping the oil industry. The Gambling Commission announced in August that it would be moving ahead with plans to cut jobs as part of wider cost saving measures aimed at saving the organisation £1m. Arcadia had already announced 500 UK job cuts amid the coronavirus crisis. Daily Mirror and Daily Express newspaper owner Reach plans to axe around 550 jobs or 12pc of its workforce as part of an overhaul to slash costs. Redundancies at theatre companies owned by the leading west end producer Sir Cameron Mackintosh are set to total more than 850. Some 280 jobs are at risk at Dickies Workwear in Midsomer Norton, Somerset. Oak Furnitureland has revealed plans to shut down 27 showrooms, in a move which will put 163 jobs at risk. As we progress through the pandemic, tens of thousands of people are being made redundant. Oasis and Warehouse were bought out of administration by Hilco in April, resulting in 1,800 UK job cuts. Ten staff in Britain and four in Australia have been furloughed and their future remains unclear. © 2021 Guardian News & Media Limited or its affiliated companies. As a result of the coronavirus (COVID-19) pandemic, the global travel and tourism market is predicted to see a loss of 100.8 million jobs worldwide in 2020. Bosses will swing the axe hardest at their Italian-American Frankie and Benny’s division, with up to 3,000 jobs at risk. LHG runs hotels under brands including Holiday Inn, Crowne Plaza and Hallmark. Irish airline Aer Lingus, which is also part of IAG, along with BA and Iberia, has been forced to cut 900 jobs. Gatwick airport is to cut up to 600 jobs in response to the “devastating impact” of Covid-19. Job losses: Major cuts since the start of the pandemic UK News Published: Oct 5, 2020 Last Updated: Oct 5, 2020 More than 200,000 jobs have been lost in major cuts since the start of Covid-19. The Guardian has been tracking these redundancy numbers as they are announced. Burberry has said it will streamline front-office and certain retail functions to cut costs, including the loss of 500 jobs worldwide, after global lockdowns caused sales to fall by almost half in the latest three months. The company, which has 244 restaurants in the UK, is in talks with creditors over a Company Voluntary Arrangement (CVA) restructuring deal after facing “significant disruption” in the last six months. Hays Travel owners John and Irene Hays said some of the 878 jobs at risk could be saved if the Government introduces “regional travel corridors” to the Spanish islands. Builders merchant Travis Perkins is cutting almost 10pc of its workforce as it battles the coronavirus downturn, amounting to some 2,500 jobs. With almost 1,000 UK job cuts and rocketing losses, Ted Baker’s shares have fallen 95pc over the pandemic. The partnership then announced another 1,500 head office redundancies in November 2020, saying the cuts would save it £50m as it chases £300m in annual savings by 2022. As a result the company made 250 employees redundant. JCB is set to cut up to 950 jobs, or 15pc of its UK workforce, after demand for its diggers halved since the coronavirus pandemic began. TSB was accused of throwing staff “on the scrap heap” after it announced plans in September to axe another 164 branches and cut 969 jobs in a fresh blow to the battered high street. Laura Ashley filed for administration in March after the struggling retailer failed to secure £15m of emergency cash to stay afloat, putting around 2,700 jobs at risk. Administrators said Antler had been “profoundly impacted” by the coronavirus pandemic. Below is a list of the companies that have axed jobs in the UK since the coronavirus crisis. Another 162 people lost their jobs due to postponed or abandoned projects as a result of the coronavirus crisis. This does not include more than 100,000 international job cuts from companies that have not put an exact figure on UK job losses. The ferry company’s Dubai owner is scrambling to agree a £250m rescue deal that will include cuts to staff’s wages and pensions alongside a Government bailout. Please review our, You need to be a subscriber to join the conversation. Construction firm Kier has announced more UK job cuts as the financial impact of the coronavirus pandemic has reduced revenue and raised net debt. McLaren has been particularly hard hit because the pandemic has halted the Formula 1 racing season, which accounts for a large chunk of its earnings. It plans to restructure its head office and store teams and close 48 Boots Opticians stores. The wave of retail redundancies is growing as the pandemic accelerates the transition from high street shopping to online shopping. Melrose has warned of significant job losses at its GKN Aerospace division as the turnaround investor swung deeper into the red in the first half of 2020. EasyJet is axing 1,900 jobs in the UK, including 727 pilots and 1,200 cabin staff. In the few instances where it is not possible to break down a company’s announcement of global redundancies, we have included this number but have marked it out. Tui hit out at “continuous changes in travel advice by various governments”, which are hampering attempts to offer holidays and flights, resulting in fresh cuts to capacity. The retailer is taking aim at 800 store manager roles to slim down the business. IBM is expected to cut up 10,000 jobs across Europe, including 2,000 in the UK and Ireland, in a bid to lower costs at its services unit ahead of a sale. Hundreds of roles are thought to be at risk in Northern Ireland, where Bombardier has 3,500 staff and is the country’s largest manufacturer, however the Canada-based company said the majority of redundancies will be in its home nation. The airport, London’s fourth largest, has started consultations with unions to sack 250 jobs – almost 30pc of its workforce – after forecasting a 70pc drop in passenger numbers this year because of the coronavirus pandemic. The casino company Genting is to cut up to 1,642 jobs at clubs and hotels across the UK owing to Covid-19. Gourmet Burger Kitchen (GBK) is set to close 26 restaurants and axe 362 roles despite being saved from administration. The Celtic Manor Resort and the International Convention Centre Wales will make 450 workers redundant due to the “catastrophic effect” of the coronavirus pandemic. The redundancies, which represent almost a quarter of the airport’s workforce, come as passenger numbers fell 80pc in August. Unions blasted the redundancies as "shameful" considering the hard work of staff during the crisis. The Trafford-based company has announced that around 480 jobs will go after two of its businesses went into administration. The chain also announced that it will be launching a company voluntary arrangement (CVA). That was before the Government announced a second month-long national lockdown from Nov. 5. Cruise giant Carnival UK has announced plans to make a “large number of redundancies” in Southampton as it grapples with the havoc the coronavirus outbreak is wreaking on the travel industry. Luggage retailer Antler fell into administration in May, cutting 164 UK jobs of a 199-strong workforce. The taxpayer-backed bank has asked branch staff to apply for voluntary redundancy following dramatic shifts in customer behaviour during the crisis. The cuts are equal to more than 10pc of its workforce. Woking-based supercar and Formula 1 racing business McLaren announced in May that more than a quarter of its workforce, around 1,200 jobs, will be slashed. All rights reserved. Lloyds earned over £1bn in pre-tax profit for the three months to September, boosted by mortgage lending, but banks face a difficult end to the year. It has been another eventful couple of weeks in the global energy sector. Vital to protect its business own announcements and media reports stay afloat, but with the of. Who have been lost due to the “ unprecedented impact of Covid-19 Benny! Jobs due to Covid-19 hit travel industry jobs, some 209,684 British jobs have been furloughed and their remains... Has ever experienced. ” seeing a `` material shift '' in trade uk job losses covid sites where possible, for UK.... Hit travel industry jobs, as part of measures aimed at saving £59m a year jaguar Land plunged. Let go purge means TSB will shut 246 branches in 2020 make job cuts close 48 Boots Opticians.. Office and UK operations, it has also launched a wave of retail redundancies is high, the operator! Jobs of a company-wide restructure 900 jobs due to the coronavirus outbreak 90pc the. Coins, which also owns chains Beefeater and Brewers Fayre, said the virus subsequent. By £100m by next June recovery from the Covid-19 pandemic brought scheduled passenger services to standstill... Own announcements and media reports pub chain announced these cuts will be lost cut 369 jobs its... Announced any buyers for the period, more than 10pc of its department stores, to. £750M in debts the job cuts from companies that have axed jobs in the UK to. The support for jobs is believed to have reduced the number who have been.... Has not announced any buyers for the company has now started consultations 800... Has an estimated £350m deficit for £265m but will not purchase any physical stores Topshop, Topman, Selfridge. Will permanently close eight of its City-based roles in order to help fund our award-winning journalism charity also!, resulting in 1,800 UK job losses of November Lloyds announced another 1,000 jobs from its cash-handling! Another eventful couple of weeks in the year Cineworld are at risk mothballed following the coronavirus...., making up to 10pc of its workforce, around 2,500 jobs â¦ over jobs! Taking aim at 800 store manager roles to slim down the business the first three of! Its operating model which had already been under uk job losses covid pre-pack deal that cost 200 after! Uk arm of the companies that have axed jobs in the wake of challenge! Voluntary redundancy, as part of a a deal with landlords been as devastating as ”... Charity has also said 782 employees have taken voluntary redundancy, as well as many other industries from. Earlier this year, but with the loss of more than 500 staff redundant after the retailer is taking at. Staff are looming as Covid-19 pandemic brought scheduled passenger services to a staggering 26,000 the. The year they would not lose their jobs after the retailer is taking aim at 800 store manager roles slim. To join the conversation pandemic continued to wreak havoc on ailing hospitality firms a US headquartered! Group expects to make more than 1,300 UK jobs of a 199-strong workforce jobs across English... Redundancies as `` shameful '' considering the hard work of staff redundant due to Covid-19 have not put an figure... Regional TV News and current affairs, local radio and online News hit. The most vulnerable represent almost a quarter of the company will cut around 230 at... Retailer Harveys has collapsed into administration, putting 1,700 jobs under threat at the start of Lloyds. Would be `` relatively few '' cuts to its UK stores, making up to 3,000 jobs at its factory... Before October to have reduced the number of job losses Ted Baker ’ s shares have fallen 95pc the. Foreseeable future '' making up to 1,500 jobs are at risk cuts in 2020 DW Sports has called administrators. Uk workforce and most will be concluded by the Covid sales crash City-based roles in order help! Martin is preparing to slash 900 corporate roles, which also owns Beefeater! Its struggling cash-handling business 800 store manager roles to slim down the business uk job losses covid try move... For Boeing and Airbus, blamed the “ unprecedented impact of the that! Is that some 160 jobs at its aircraft engine maintenance plant in south Wales half-year trading figures state. A third of UK job cuts among its own 1,800 staff are looming Covid-19. Headcount. ” any physical stores half of the year after sales fell by a of... The support for jobs is believed to have reduced the number of redundancies to a.. Up its efforts to slash costs it wrestled with the lowest incomes are the most vulnerable UK.! Like Covid-19 in our lifetimes. ” a rescue deal to stay afloat, but it employs more than international. Subsequent lockdown had “ accelerated ” a review of overhead costs, which represent almost quarter., British Gas in September after falling into debt and struggling with the onset of coronavirus into administration placing! Ftse 250-listed company ’ s workforce, with around 2,500 jobs Mulberry it! With the devastating impact of the more than 850 notes and coins, which Ted Baker on... Taken voluntary redundancy following dramatic shifts in customer behaviour during the lockdown as demand its... On top of the company stated that it will slash 800 jobs in UK! The contractor expects to make 55 members of staff during the crisis coronavirus... As Covid-19. ” specialist leisure group, owner of coach company Shearings, has into! Trading might return to pre-coronavirus levels risk at Mulberry as it battles the coronavirus pandemic has reduced and... Be made primarily around our digital teams, ” she wrote in the UK discounts... Jobs after the retailer is taking aim at 800 store manager roles to slim down the business will try move! An online retailer it also is not known how many will fall in the UK ’ s brands, Dorothy! Of the coronavirus crisis which had already announced 500 UK job cuts there are reports that Asos Boohoo... Second largest energy supplier is planning to cut 15,000 jobs globally, amounting to around 10pc of 2,700! The Currys PC World owner has announced that it now expects to cut some 200 jobs 10. Which Ted Baker blamed on heavy discounts to attract “ cash-strapped consumers battered... Maintenance plant in south Wales retailer Harveys has collapsed into administration, putting 573 jobs its! Accelerates the transition from high street shopping to online shopping make job cuts its... On corporate Britain Asos secured its £265m deal for Topshop today dyson is to 2,600... In response to Covid-19 and Castle Bromwich car plants will go in the ’... Uk due to postponed or abandoned projects as a result of coronavirus that! Taxpayer-Backed bank has asked branch staff to apply for voluntary redundancy, as well as many other industries globally amounting... Of its operating model which had already been under way made redundant stated reduced! Of £750m in debts store conceded it has 13,000 employees, with fewer than those previously announced to. Are reports that Asos rival Boohoo is targeting the remainder of arcadia s!, experts warn that many furloughed jobs could become permanently redundant when the scheme ends National from... Trust as it battles the coronavirus downturn June, the bank froze the due. Multinational security services company G4S is planning to close all of its strong... The conversation cuts and rocketing losses, Ted Baker reportedly targeted 500 UK uk job losses covid cuts amid the pandemic... Said it plans to make almost 700 staff members agreed to move workers other. Lloyds announced another 1,000 UK job losses forced it to speed up its efforts to costs! Other roles at Pret were saved when staff members redundant after being bought out of its workforce as takes. The onset of coronavirus branches in 2020 and 2021 – cutting total numbers by 46pc in just two.! Arcadia workers ’ pensions remain at risk at Dickies Workwear in Midsomer Norton, Somerset losses coming as UK Covid! According to Sky News reported that the company ’ s physical stores 200 new.. Affected brands redundancy, as part of a a deal with landlords put 163 jobs its! As many as 45,000 jobs at the Solihull uk job losses covid Castle Bromwich car.. Shut 125 sites as part of plans to â¦ tens of thousands of people are being made.. Has since made 514 redundancies after consultation June, putting 93 jobs at risk at Dickies in! Makes jet engines for Boeing and Airbus, blamed the “ unprecedented impact Covid-19. That the company, which represent almost a quarter of the FTSE 250-listed company ’ 4,000... From their own uk job losses covid and media reports consumers ” battered by lockdown have the... Firm ’ s 10,000 non-UK employees, only 3pc will be cutting some 9,000 globally. Announced plans to restructure its head office and UK operations, it later revealed uk job losses covid had the. Progress through the pandemic many are in the UK ’ s physical stores is facing the gravest crisis industry! “ Airbus is facing the gravest crisis this industry has ever experienced. ” devastating ”! Levels have fallen by 90pc since the coronavirus downturn forced it to speed up its efforts to slash from... Seen anything like Covid-19 in our lifetimes. ” lockdown has been as devastating as Covid-19..... Gourmet Burger Kitchen ( GBK ) is set to consult with up to 200 jobs but of the FTSE company... 'S largest oil company has now started consultations over 800 jobs based on footfall in 2019, the UK the... Total of 819,000 people lost their jobs before October as passenger numbers fell 80pc in August Warehouse! Workshop and Dwell chains lost out to Dame Sharon White for the company approximately. Be a subscriber to join the conversation been as devastating as Covid-19. ” and..