Posts Tagged ‘staff cut’
Privatise or Pensions Cut
Thursday, February 26, 2009 19:07 No CommentsAlmost half a million Royal Mail staff past and present have been warned that their pensions could be halved if the plan to privatise part of the business does not go ahead.
However, one of the leaders of the nearly 140 Labour MPs fiercely opposed to the sale of a stake in the Royal Mail accused [...]
CBI Calls for Easier Credit
Tuesday, February 10, 2009 8:41 No CommentsThe CBI called on the Government for an easier access to finance as it released figures indicating that more than a third of UK’s businesses have been forced to cut off employees during the past three months because they were refused credit.
According to the CBI report, it has been found that 47% large organizations, which [...]
Staff Cut of Virgin Media
Tuesday, November 11, 2008 8:47 No CommentsAs 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 [...]
