Transport Workers Union president: Members will face job cuts without coronavirus bailout

“We have a crushing situation right now for our transport sector workers, both on the airline industry side as well as the public transit side, and railroads, for that matter. So right now there’s … a stalemate in Washington, which is going to trigger tens of thousands of layoffs on October 1,” he said Wednesday on […]

British royal palace staff embark on rare protests against job cuts

ALSO READ: You’re wrong, no thugs in Edo Govt House, Osagie tells APC The PCS said royal staff faced “200 compulsory redundancies” and cuts to their pension contributions. It said union members employed at the castle by the Royal Collection Trust, part of the Royal Household, had staged a silent protest.

Job cuts forecast as UK furlough program poised to end next month

The Labour Party’s Anneliese Dodds, the shadow chancellor, told The Telegraph newspaper that there was “still time for the chancellor to make his wage support programs more ‘flexible’ and ‘targeted’. She said: “If he carries on with this one-size-fits-all approach, we risk another huge spike in unemployment this autumn.”

Job cuts, business loss, mounting debts lead to surge in calls of despair to suicide helpline

About 70% of 14,026 crisis calls received in just past eight months are made by callers grappling with mounting feelings of stress and hopelessness arising due to unemployment, major loss in business, piling debt and ensuing domestic violence T he phone is ringing. On the other end of the line is Viral, a 37-yearman who […]

ICICI Bank announces sharp cuts in fixed deposit interest rates – Check latest FD rates here

Maturity Period Interest rates (per cent per annum) w.e.f. September 07, 2020 Single deposit of less than ₹ 20.0 million General **Senior Citizen 7 days to 14 days 2.50% 3.00% 15 days to 29 days 2.50% 3.00% 30 days to 45 days 3.00% 3.50% 46 days to 60 days 3.00% 3.50% 61 days to 90 […]

Co-op to create 1,000 new jobs as it opens 50 new UK stores

James Lowman, the chief executive of the Association of Convenience Stores, said: “Convenience stores have firmly established themselves as a place that local communities can rely on, not just for groceries but for a growing range of services that have kept the nation going during the last few months.

Lloyds Bank to axe 865 jobs as it resumes restructuring plans

Half a week’s pay for each full year you were under 22, One week’s pay for each full year you were 22 or older, but under 41, One and half week’s pay for each full year you were 41 or older. Sadly, you won’t be entitled to a payout if you’ve been working for your […]

Pizza Hut closing 29 UK restaurants putting 450 jobs at risk

Zizzi owner Azzurri Group announced in July 2020 that it would permanently shut 75 branches, putting 1,200 jobs at risk Frankie & Benny’s owner The Restaurant Group has proposed closing 125 branches, with 3,000 jobs on the line Byron Burger is shutting 31 restaurants, around half of its UK sites, with 600 jobs at risk […]

Pizza Express confirms 73 restaurants to close putting 1,100 jobs at risk

Aberdeen – Belmont St Aylesbury Barnstaple – Three Tuns Biggleswade Billericay Birmingham – Corporation St Birmingham – Mailbox Bournemouth – Post Office Rd Bramhall Bristol – Berkeley Sq Bristol – Regent St Bromsgrove Bruton Place Charlotte St Chippenham Dalton Park Darlington Dudley – Merry Hill Earls Court – Earls Ct Rd Edinburgh – Holyrood Formby […]

Costa Coffee to axe 1,650 jobs due to coronavirus

Shoe chain Aldo collapsed into administration with five stores permanently closed Victoria’s Secret plunged into administration, putting 800 jobs at risk Fashion chain Quiz put its shop business into administration in , putting 82 stores at risk British Gas owners cuts 5,000 jobs, over half of which will be in management Airbus announces 1,700 job losses. It expects cuts to be […]