Tag: job

Collins Aerospace announces 235 job cuts amid Covid-19 downturn

Image copyright Google A County Down aerospace company has announced it is cutting 235 jobs, almost a quarter of its workforce. Collins Aerospace is an aircraft seat manufacturing plant in Kilkeel that employs over 948 people. In a statement, the company said the planned redundancies were due to Covid-19’s “impact on demand for aerospace production”. SDLP South Down MLA Sinead… Read more →

Coronavirus: Labour wants review of job retention bonus scheme

Image copyright JESSICA TAYLOR/UK Parliament Image caption The scheme is major plank of Chancellor Rishi Sunak’s recovery plan Labour is calling for a review of whether the chancellor’s job retention bonus scheme represents value for money for the taxpayer. The scheme will pay firms £1,000 for each employee brought back to work from furlough and employed until January. Labour’s call… Read more →

Banks propose ‘student loans style’ scheme to avert job losses

Image copyright NurPhoto UK banks fear that up to 800,000 businesses could go bust in the next year if they are unable to defer repayments on government-backed loans. The lending industry is proposing a student loans-type scheme, where coronavirus loans can be converted into a tax debt repayable over a decade. Like student loans, the money would only be repayable… Read more →

OnlyFans: ‘I started selling sexy photos online after losing my job’

Image caption Mark has resisted pressure to post explicit content on his OnlyFans page “It was through necessity, I needed an income. It wasn’t because I wanted to just get naked or post pictures of myself,” says Mark. He lost his job because of coronavirus in March and began posting semi-nude images on a subscriber-based social network. The 32-year-old had… Read more →

EasyJet ‘using sickness records to decide job cuts’

Image copyright PA Media EasyJet has been accused of intending to use pilots’ sickness records when drawing up plans for over 700 job cuts. The Balpa pilots’ union said it was “unnecessary and wrong”, claiming the airline was risking safety because unwell staff would report for work. EasyJet said general absenteeism could form part of its assessment, but denied sickness… Read more →

Burger King boss warns of UK job cuts

Image copyright Getty Images The boss of Burger King UK has warned that economic damage triggered by the coronavirus pandemic may push the fast food chain to permanently shut up to 10% of its restaurants. Those closures could lead to more than 1,600 lost jobs, Alasdair Murdoch said. Government schemes to help the restaurant industry do not do enough to… Read more →