Redundancies in recession cost UK £28.6 billion

The latest CIPD Work Audit report, Counting the cost of the jobs recession, finds

The latest CIPD Work Audit report, Counting the cost of the jobs recession, finds that almost 2.7 million people have been made redundant in the past four years, equivalent to one in ten employees at the start of the recession and that adjusting for the share of redundancies across sectors and differences in the average cost of redundancy between sectors, the total cost of redundancy to UK employers since the start of the jobs recession is an estimated £28.6 billion.

Read more

Latest News

Read More

Why so many smart leaders are terrible at leading people

29 July 2025

Talent Management

29 July 2025

Deepfake interviews. Synthetic faces. Tampered documents. As generative AI reshapes identity fraud, traditional screening methods are being put to the test. Giant Screening CEO Mathew...

Worklife Balance

28 July 2025

The issue isn’t just about time management; it’s about mental bandwidth. The cognitive load of managing multiple priorities can leave little room for self-care, creativity,...

Newsletter

Receive the latest HR news and strategic content

Please note, as per the GDPR Legislation, we need to ensure you are ‘Opted In’ to receive updates from ‘theHRDIRECTOR’. We will NEVER sell, rent, share or give away your data to third parties. We only use it to send information about our products and updates within the HR space To see our Privacy Policy – click here

Latest HR Jobs

Queen Mary University of London – IT Services DirectorateSalary: £54,617 to £60,901 per annum This provides summary information and comment on the subject areas covered.

University of Sussex – Human Resources Salary: £25,733 to £29,179. Grade 4, per annum, pro rata if part time This provides summary information and comment

UCL – Chemistry Department / Faculty of Mathematical & Physical SciencesSalary: £54,172 to £63,752 This provides summary information and comment on the subject areas covered.

University of Oxford – Department of PsychiatrySalary: £31,459 to £36,616 (discretionary range to £39,749) per annum. Grade 5 This provides summary information and comment on

Read the latest digital issue of theHRDIRECTOR for FREE

Read the latest digital issue of theHRDIRECTOR for FREE