According to a recent WorkNest poll, the vast majority (80%) of employers said budget cuts, low business demands, and inflation are driving their need to make redundancies; however, 74% of employers aren’t providing any training to their line managers to handle this.
| Published: 18 February 2023
Over two-fifths (44%) of employers looking to make cost savings in their workforce are planning to restructure or make redundancies in the next 12 months amid rising costs.
| Published: 20 December 2022
A recent report, Life After Furlough: Employer and Employee Perspectives on the Threat of Redundancy, reveals that 6 in 10 employees facing redundancy are planning career changes. Yet moving on from current roles is filled with uncertainty - more than half (53%) of those facing redundancy are worried about finding a new role despite signs of a positive job market.
| Published: 22 October 2021
An upcoming report from Renovo, 'Life after furlough: Employer and Employee perspectives on the threat of redundancy’ reveals that a majority of UK employers are expecting redundancies within the next year. While half of employers attribute upcoming redundancies to the financial impacts of the pandemic, 28% say they are due to new technology and 1 in 8 state they are brought on by the move to remote/hybrid working.
| Published: 1 October 2021
With 800,000 less payrolled employees in March 2021 than the same month last year, as well as the September finish dates for the government's furlough scheme, experts warn that this employment fall may trigger further, long-awaited labour market challenges that could impact workers and businesses.
| Published: 10 May 2021
Key areas employees should understand if they are made redundant
| Published: 2 April 2021
43% of UK business owners are not confident they could make redundancies in line with the law, a survey from BrightHR, a HR software and employment law advice service, revealed this week.
| Published: 3 September 2020
With many employees at risk of redundancy over the coming months due to the economic impact of COVID-19, new research highlights how they could be let down by employers in terms of career transition support, just when the job market is at its worst in over a decade.
| Published: 26 June 2020
Tata’s Steel closure could lead to 40,000 job loss
| Published: 30 March 2016
