(Reuters) – British companies have announced tens of thousands of job cuts since being forced into lockdown by the coronavirus pandemic.
FILE PHOTO: The logo of BP is seen at a petrol station in Kloten, Switzerland October 3, 2017. REUTERS/Arnd Wiegmann
Even as shops and factories begin to reopen, firms are laying off staff to cut costs.
Below are major job cut announcements (in alphabetical order):
The luxury carmaker plans to shed up to 500 jobs.
The luxury carmaker plans to shed almost 1,000 jobs, nearly a quarter of its workforce.
The oil major will cut around 10,000 jobs – 15% of its workforce.
Owner IAG said restructuring at BA may result in almost 12,000 job losses.
The British Gas owner plans to cut around 5,000 jobs, almost 20% of its global workforce.
The shoemaker said it was cutting 900 jobs.
The airline plans to cut nearly 4,500 jobs – about 30% of its workforce.
Its shuttle and charter business, Federal Airlines, will cut 55% of its full-time staff.
The chemicals maker is cutting around 2,500 jobs.
The car dealership firm is laying off 1,500 employees.
The luxury brand plans to cut 25% of its global workforce of about 1,500.
Britain’s second-largest energy supplier plans to cut 2,600 jobs.
Frankie and Benny’s closure of 125 stores puts nearly 3,000 jobs at risk.
The company plans to cut at least 9,000 jobs – over a sixth of its workforce.
The airline is laying off 3,000 or 15% of its staff.
SPECIALIST LEISURE GROUP
The holiday package provider is laying off nearly 2,500 jobs.
Britain’s biggest building materials company expects to cut 2,500 jobs or about 9% of its workforce.
The British airline plans to cut 3,150 jobs.
The Hungary-based carrier is cutting 1,000 jobs, about one-fifth of its workforce.
Compiled by Tanishaa Nadkar and Yadarisa Shabong in Bengaluru; Editing by Nick Macfie