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    IBM to cut up to 10,000 jobs in Europe

    Photo: Shutterstock Multinational technology and consulting giant IBM is to cut about 10,000 jobs in Europe as it seeks to cut costs and restructure its business away from ‘slow growth’ elements. According to Bloomberg, the UK and Germany will be most affected, with cuts also planned in Poland, Slovakia, Italy and Belgium. The job cuts […] More

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    Chancellor set to launch Restart scheme to help jobless

    Dominic Lipinski/PA Wire/PA Images Chancellor Rishi Sunak is set to pledge billions of funding in today’s Spending Review to help the hundreds of thousands of people who have lost their jobs because of the pandemic back into work. The package of investment will include £2.9bn for a new ‘Restart’ scheme to help millions of workers […] More

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    Thousands of jobs at risk at Debenhams

    Debenhams on London’s Oxford StreetSOPA Images/SIPA USA/PA Images Thousands of jobs could be lost at department store chain Debenhams, which has outlined plans to close 60 stores as part of a potential rescue deal. JD Sports is reported to be looking to buy the chain in such a deal, with Debenhams’ pack for potential buyers […] More

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    Number of out-of-work over-50s surges

    Shutterstock The number of unemployed over-50s has leapt by a third in a year – well above the increase across all age groups, analysis has found. The number of over-50s out of work increased by 33% in 2020 with 371,000 people in this age group unemployed in July to September 2020, compared with 280,000 in […] More

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    Equal Pay Day: pandemic put gender equality at a crossroads

    Shutterstock The UK has arrived at a crossroads at which progress in gender equality could either be set back decades, or further advanced through government intervention in driving positive change for female workers, an equality charity has said. In a report released on Equal Pay Day, the date at which women in the UK effectively […] More

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    Fewer young people in jobs than 2008 crash

    Shutterstock More 16 to 24-year-olds were made redundant in the summer of this year than the whole of 2019, and there are now fewer young people in employment than during the 2008 financial crash. This is according to analysis by the TUC, which shows that 59,000 workers aged 16 to 24 lost their jobs in […] More

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    US immigration: How Biden’s election affects global mobility

    President-elect Joe Biden will reverse many of Donald Trump’s immigration rules. Photo: CNP/DPA/PA Images The election of Joe Biden as 46th President of the United States of America is set to mark a new era in US immigration. Nita Upadhye examines how global mobility has been stymied under Donald Trump and how things might look […] More

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    Peacocks and Jaeger enter administration

    Shutterstock High street fashion stalwarts Peacocks and Jaeger have gone into administration, with more than 4,700 jobs and almost 500 shops being put at risk. Today’s news comes after the chains’ owner, Edinburgh Woollen Mill Group (EWM), failed to find a buyer for either business. No stores have closed and no redundancies have been announced […] More

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    Self-employment surge driven by tight jobs market

    There has also been a rise in self-employed IT professionals, according to the IFS Shutterstock There has been a surge in ‘solo’ self-employment in recent years with many people taking the option because they had lost their job and could not find alternative employment, rather than pursuing appealing business opportunities. This is according to research […] More

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    ‘Green industrial revolution’ will create 250,000 jobs

    Around 60,000 jobs will be created in wind farmsShutterstock Around 250,000 jobs will be created as part of a “green industrial revolution” in the UK, the Prime Minister will announce today. Boris Johnson is set to announce a ten-point plan and £4 billion investment in creating new “green” jobs as well as equipping workers with […] More

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    Businesses urged to use the Redundancy Payment Service

    Shutterstock A prominent accountancy firm has warned that businesses facing closure are failing to use the government’s Redundancy Payments Service. Moore director Chris Tate said that in some cases his firm had witnessed, businesses had had no need to become insolvent because they could not afford basic restructuring because they could have used the RPS. […] More

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    Boeing cuts jobs as aviation sector views bleak future

    Boeing aircraft at the company’s Seattle plant Shutterstock Boeing is set to cut 30,000 workers as it continues to struggle with global costs while the coronavirus pandemic continues. The news came as the International Air Transport Association called for more concerted efforts from governments to protect the sector and Heathrow reported it was losing traffic […] More

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