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STAFF REDUNDANT
StanChart CEO seeks to reassure staff over AI-linked job cutsStandard Chartered CEO Bill Winters reassured staff following news of job cuts, emphasizing that the bank is replacing "lower-value human c...- AI will destroy and create new jobs, urges staff to embrace change: HSBC CEOHSBC's top executive Georges Elhedery stated that artificial intelligence will reshape jobs in finance. The bank is actively retraining its...
- StanChart announces massive job cuts: Standard Chartered to lay off over 7,000 employees. Check deadline, reasonStanChart or Standard Chartered's move to streamline operations and rein in costs comes as more global firms slash jobs by deploying AI to ...
- Why Being Told “Stick to Your Role” Might Mean Something Bigger Is ComingA common complaint from many workers in the US workplace environment is that there seems to be an abrupt change wherein they are now requir...
- KPMG seen to slash jobs in UK auditing segmentKPMG UK is set to reduce its workforce in the auditing division. The company anticipates a significant number of departures if a redundancy...
- UK’s Cabinet Office to cut nearly 2,100 posts as Labour targets Civil Service reformThe Cabinet Office will cut nearly one-third of its workforce—2,100 jobs—under Labour’s civil service reform agenda led by Pat McFadden. Th...
- No more free meals: Manchester United staff canteen to shut under Jim Ratcliffe’s cost-cutting driveManchester United is set to close its staff canteen at Old Trafford as part of Sir Jim Ratcliffe's ongoing cost-cutting measures. Employees...
- Virgin Money announces major branch closures in UK; Here’s the list of all impacted sitesThe union calls for reconsideration as the lender claims that the branches in question no longer justify their existence due to low transac...
- Mass firings at Twitter, Better.com show us the dark side of digital layoffsTwitter's approach resembles strategies adopted by a growing number of companies in recent years.
- Twitter job cuts: what are digital layoffs and what do they mean for employees and companies?Musk's plans to restructure Twitter began with laying off top executives, before notifications were emailed to around half of the Twitter g...
- Why did King Charles' staff hit with redundancies in wake of accession? Find out herePCS, renowned as the Public and Commercial Services Union, deeply criticised the decision to announce redundancy in the period of remorse a...
- Only one fourth of oil major BP's 10,000 job cuts to be voluntary as company reinvents itselfThe oil major announced plans in June to lay off almost 15% its 70,000-strong workforce as part of Chief Executive Bernard Looney's plan to...
- Abu Dhabi's Etihad cuts hundreds of jobs: SourcesThe state-owned airline, which had 20,530 employees as of August 2019, grounded passenger flights in March and a month later said it had ma...
- UPDATE 1-Motor racing-Manor failure leaves F1 with 10 teamsMOTOR-F1-MANOR/ (UPDATE 1):UPDATE 1-Motor racing-Manor failure leaves F1 with 10 teams
- UK hospitals to offshore work to IndiaAll nine health authorities in the East Midlands are planning to move administrative services to India. Latest buzz in IT industry | India'...
- 10% of Satyam staff redundant: KarnikUp to 10% of Satyam's workforce could be redundant as its founder may have hired excess staff to hide the financial fraud, Kiran Karnik sai...
- Job losses announced by GP winners BrawnAustralian Grand Prix sensation Brawn GP are to make redundant around 270 employees, a third of their staff, in order to cut costs, chief e...
- N Rock confirms plans to cut 2,000 jobs by 2011British mortgage bank Northern Rock, nationalised in February, confirmed on Wednesday that it would cut 2,000 jobs by 2011, with 1,300 jobs...
- Lloyds TSB to offshore 450 jobs to IndiaLloyds TSB, British bank major, has decided to move 450 information technology jobs, 250 of them permanent, to India provoking immediate ho...
- BBC workers call off planned strikeA planned strike by BBC journalists and technical staff has been called off, unions said on Friday.
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