BGN Entrepreneur

The economic environment remains tough and makes it difficult to predict any clear trends. The car parts and engineering firm—GKN announced that compares to a profit of £118m in the same period last year, it has made pre-tax losses of £16m in the first half of the year.
The Redditch-based company has already cut 2500 jobs [...]

As a result of the recent austere condition, many businesses are laying off large amount of employees though it’s not the best way to cut cost. The cable, Internet and phone company—Virgin Media, which employs 14,600 people in the UK, is no exception.
In order to restructure the business, it sets to cut 2200 jobs between [...]