Topic filter : Voluntary Redundancy

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Latest Finance News related to Voluntary Redundancy

How can I explain that my startup firm fails to put food on the table? image
.... We then print the best of your comments alongside Jeremy’s own insights. I took voluntary redundancy to start up my own business in the food and drink sector. ...
Boots, Walkers crisps and Greggs cost cutting puts 1,400 UK jobs at risk image
Source : Guardian [Read Article] Wednesday 1st of March 2017 04:15:37 PM
....Its Treforest site in Wales will only make bread and sandwiches, and will stop making doughnuts, while its Cambuslang facility near Glasgow will concentrate on sweet goods. Consultation with affected workers began last month and the company said it was offering voluntary redundancy in order to “minimise the impact” of its plans. ...
Petrobras racks up massive losses due to write-offs image
Source : BBC [Read Article] Friday 11th of November 2016 02:37:48 AM
...."The message we want to convey is that these impairments are non-recurring, and that we don't expect them to happen, not at least in this magnitude, in the coming future," said chief financial officer Ivan Monteiro. The company's performance was also hit by the cost of a voluntary redundancy scheme, as well as court disputes in the US. ...
Eurostar to cut services from December image
Source : BBC [Read Article] Tuesday 18th of October 2016 03:17:15 PM
....Unions expect the move to result in about 80 job losses. Any cuts would be achieved through voluntary redundancy or sabbaticals as much as possible, Eurostar said. ...
City news: Shell, Upham, Ardagh and British manufacturers image
Source : Daily Express [Read Article] Tuesday 26th of April 2016 12:01:00 AM
....The Thames Valley Park campus, home to 800 workers, will be closed by the end of this year. Staff will be relocated to Shell’s London headquarters but will also be offered voluntary redundancy. ...
Shell to close three UK offices housing 1,600 staff image
Source : Guardian [Read Article] Monday 25th of April 2016 12:56:04 PM
....Royal Dutch Shell is closing three UK offices, affecting 1,600 employees, including BG’s headquarters in Reading, after its £35bn takeover of the oil and gas company earlier this year. It has also begun a voluntary redundancy programme as part of a plan to cut 10,300 jobs across the merged group, comprising 7,500 from the original Shell business, as it attempts to cope with the recent plunge in oil prices, and another 2,800 following the merger with BG. ...
Lloyds to axe 625 jobs and shut 21 branches amid cost-cutting image
Source : Guardian [Read Article] Thursday 21st of April 2016 11:32:50 AM
....“The group’s policy is always to use natural turnover and to redeploy people wherever possible to retain their expertise and knowledge within the group. Where it is necessary for employees to leave the company, it will look to achieve this by offering voluntary redundancy. ...
Councils 'give workers gagging orders' image
Source : BBC [Read Article] Sunday 3rd of April 2016 07:12:19 AM
.... It said by making enhanced payments it was able to get more people to volunteer for redundancy and that would bring savings. Wirral Council used the agreements with more than 1,000 people who took voluntary redundancy or early retirement between 2010 and 2012 - although they said they were rarely used now. ...
Job losses gather momentum across UK and Europe image
Source : Guardian [Read Article] Thursday 18th of February 2016 09:41:34 AM
....Tata Steel, Europe’s second-largest steel producer, announced a further 1,050 job cuts last month. Carmaker Ford plans “hundreds” of job cuts across the UK and Europe through voluntary redundancy. ...
City news: Ford, Glaxo, Hargreaves Lansdown and Lloyds image
Source : Daily Express [Read Article] Wednesday 3rd of February 2016 07:48:00 PM
....Ford wields axe in Europe. The car maker, which employs nearly 14,000 people in the UK, is launching a voluntary redundancy programme, with administration and marketing roles likely to be affected. ...
Lloyds Banking Group to cut 1,755 jobs and close 29 branches image
Source : Guardian [Read Article] Wednesday 3rd of February 2016 01:25:40 PM
....Lloyds said: “The group’s policy is always to use natural turnover and to redeploy people wherever possible to retain their expertise and knowledge within the group. Where it is necessary for employees to leave the company, it will look to achieve this by offering voluntary redundancy. ...
Ford Europe to cut jobs to save $200m image
Source : BBC [Read Article] Wednesday 3rd of February 2016 11:34:13 AM
....US car giant Ford has announced plans to cut jobs and save $200m (£138m) a year in Europe. The carmaker said it was launching a voluntary redundancy programme and improving manufacturing efficiencies. ...
Ford announces job cuts in Europe to save £138m a year image
Source : Guardian [Read Article] Wednesday 3rd of February 2016 11:15:44 AM
....Carmaker Ford is to cut jobs across its European operations under plans to save $200m (£138m) a year. The group said on Wednesday it was launching a voluntary redundancy programme as it looks to slash costs across all areas of its European business. ...
Home business innovation 2015-16 competition entry: Knotweed Control image
Source : Guardian [Read Article] Wednesday 27th of January 2016 02:41:45 PM
....I set up the company part-time in 2011 from my home while still working for the local council where part of my role included advising on invasive non-native species. In March 2014, I took voluntary redundancy to work full time on Knotweed Control to meet the increasing demand for my services and I’ve never looked back. ...
Royal Mail delivered 130m parcels over Christmas image
Source : Telegraph [Read Article] Thursday 21st of January 2016 08:58:22 AM
.... . But most of these staff left through voluntary redundancy, pushing up coss in the short term. ...
Lloyds announces 1,000 job cut details image
Source : Daily Express [Read Article] Thursday 26th of November 2015 02:06:00 PM
...."The Group's policy is always to use natural turnover and to redeploy people wherever possible to retain their expertise and knowledge within the Group. "Where it is necessary for employees to leave the company, it will look to achieve this by offering voluntary redundancy. ...
Questor share tip: Royal Mail shares a solid long term bet image
Source : Telegraph [Read Article] Friday 20th of November 2015 09:16:01 AM
.... The reason for the decline was the cost of 3,000 staff leaving the business in the first half. The focus seems to have been on middle management, and with some taking voluntary redundancy, this resulted in “transformation costs” doubling to £94m. ...
Royal Mail profits fall as redundancy payouts increase costs image
Source : Guardian [Read Article] Thursday 19th of November 2015 08:55:56 AM
....48bn a year earlier, with falling UK letter revenues largely offset by growth in domestic and European parcels. Nearly 3,000 staff left, mainly through voluntary redundancy, pushing up Royal Mail’s costs in the short-term. ...
Royal Mail profits lower on flat sales image
Source : BBC [Read Article] Thursday 19th of November 2015 07:30:33 AM
....It said performance for the full financial year would depend on Christmas - its busiest time of year. Royal Mail said its "transformation costs" increased by £47m in the period with some 3,000 staff opting to take voluntary redundancy. ...
Alton Towers to cut as many as 190 jobs after Smiler rollercoaster crash image
Source : Telegraph [Read Article] Monday 9th of November 2015 06:18:27 PM
.... A consultation on job losses started on Monday, and the theme park, which employs about 2,000 people, expects the process to be completed by March. Alton Towers said that “non-replacement of existing vacancies, early retirement, redeployment elsewhere in the group and voluntary redundancy” would likely account for some of the losses. ...
Alton Towers to make up to 190 staff redundant image
Source : Guardian [Read Article] Monday 9th of November 2015 05:45:33 PM
....“Regretfully however, it may result in the loss of up to 190 salaried jobs across the resort. “We anticipate some of these will be accounted for by a programme of non-replacement of existing vacancies, early retirement, redeployment elsewhere in the group, and voluntary redundancy. ...
Home business 2015-16 competition entry: Batters and Co image
Source : Guardian [Read Article] Thursday 29th of October 2015 01:21:51 PM
....I became pregnant in Australia one year before planning to relocate to the UK. Knowing that I would not receive maternity pay in Australia or the UK, I decided to request a voluntary redundancy from my company to start up my own venture. ...
Rise of  the 'silver self-employed'  image
Source : Telegraph [Read Article] Monday 17th of August 2015 02:00:18 PM
.... . The 51-year-old mother-of-three took voluntary redundancy from a senior managerial role at Royal Bank of Scotland Group, giving up an £80,000 salary, to go freelance – in several new professions. ...
Dear Jeremy – your work issues solved image
Source : Guardian [Read Article] Saturday 8th of August 2015 06:00:08 AM
.... ID6783373. • I’m 50 and took voluntary redundancy last year after 25 years. ...
Dear Jeremy – your work problems solved image
Source : Guardian [Read Article] Saturday 25th of July 2015 05:59:08 AM
....I feel my career is entering the “farce” stage. I took voluntary redundancy from a subject leader role in a further education college four years ago. ...
I've reached the top – and can't find work image
Source : Guardian [Read Article] Friday 17th of July 2015 06:00:04 AM
....I feel my career is entering the “farce” stage. I took voluntary redundancy from a subject leader role in a Further Education college four years ago. ...
Australia Post to cut up to 1,900 jobs after $500m loss image
Source : Guardian [Read Article] Friday 26th of June 2015 12:22:31 AM
....5bn in the past five years. It has set aside $190m to cover voluntary redundancy payments over the next three years, with 1,900 jobs reportedly set to go as the government-owned business restructures its operations. ...
TfL reveals a 25% rise in £100k salaries image
Source : Independent [Read Article] Tuesday 9th of June 2015 02:04:49 PM
.... . An increase from 40 to 59 people receiving one-off voluntary redundancy pay-outs — which TfL said were part of efficiency measures — was also a factor, while 41 Crossrail staff were paid more than £100,000 in 2014/15, one more than the year before. ...
Tax form chaos as HMRC cuts cause 'shocking' phone service image
Source : Independent [Read Article] Friday 5th of June 2015 12:59:44 AM
.... . Unions have complained that swingeing cuts at HMRC, which included shutting 14 offices and inviting nearly 700 staff to take voluntary redundancy last year, would hurt the service. ...
Morrisons axe office jobs to add 5,000 shop staff image
Source : Daily Express [Read Article] Thursday 16th of April 2015 12:43:00 PM
.... Staff whose roles are made redundant in the Bradford head office will be offered a job in a Morrisons store or redeployed to other parts of the business. They will also have the option of voluntary redundancy. ...
Source : BBC [Read Article] Thursday 16th of April 2015 11:43:11 AM
....Chief Executive David Potts said the business had made "tough but necessary decisions". The supermarket said it would be offering opportunities for voluntary redundancy and staff would be offered a role in Morrisons stores, with some redeployed in other parts of the business. ...
BA owner IAG increases profit forecast after flying even higher than expected in 2014 image
....". Iberia's restructuring saw 2,500 staff leave the airline under a voluntary redundancy programme, while salaries were reduced by between 11 per cent and 18 per cent. ...
Tesco to cut up to 10,000 jobs image
Source : Telegraph [Read Article] Saturday 14th of February 2015 07:45:01 PM
.... The company began consultations with staff at the end of January. Head office employees have been offered the chance to apply for voluntary redundancy. ...
Rolls-Royce job losses: Derby and Ansty to bear brunt image
Source : BBC [Read Article] Thursday 11th of December 2014 08:55:39 PM
....Rolls-Royce said the job losses would cost it £120m over the next two years, but would bring "annual cost benefits" of £80m once implemented. The company said voluntary redundancy would be offered wherever possible. ...
Rolls-Royce to cut 2,600 jobs image
Source : BBC [Read Article] Tuesday 4th of November 2014 02:23:53 PM
....". The company said voluntary redundancy would be offered, although it could not rule out compulsory redundancies. ...
Dashwood: Out of the fire, into the frying pan, for Quindell founder Rob Terry image
.... . Employees are being “invited” to apply for “either a voluntary exit or voluntary redundancy”, or they will be put into the “redeployment pool”. ...
Charles Stanley to take axe to dealers image
Source : Telegraph [Read Article] Saturday 19th of July 2014 06:36:21 PM
.... . It is thought that voluntary redundancy may be considered and that the process will take about three weeks. ...
Lloyds to cut 500 more jobs amid organisational changes image
Source : Guardian [Read Article] Wednesday 9th of July 2014 04:57:06 PM
....A statement said: "The group's policy is always to use natural turnover and to redeploy people wherever possible to retain their expertise and knowledge within the group. "Where it is necessary for employees to leave the company, it will look to achieve this by offering voluntary redundancy. ...
Dear Jeremy  your work issues solved image
Source : Guardian [Read Article] Saturday 5th of July 2014 06:00:06 AM
.... hightogs. I spent 15 years working in a local authority housing department before taking voluntary redundancy four years ago. ...
400 jobs to go at Tata steelworks in Port Talbot image
Source : BBC [Read Article] Tuesday 1st of July 2014 05:43:10 PM
....UK Business Secretary Vince Cable said: "This is understandably a difficult time for the workforce at Tata Steel in south Wales as the company tries to weather challenging market conditions. "I have been in close contact with the chief executive at Tata Steel and understand they will offer voluntary redundancy packages and cross match people to other parts of the business to try and avoid compulsory job losses. ...
Tata Steel cuts 400 British jobs as demand falters image
Source : Telegraph [Read Article] Tuesday 1st of July 2014 12:13:49 PM
.... . "I have been in close contact with the chief executive at Tata Steel and understand they will offer voluntary redundancy packages and cross match people to other parts of the business to try and avoid compulsory job losses. ...
How can I use my experience and skills in a self-employed role? image
Source : Guardian [Read Article] Monday 30th of June 2014 06:00:20 AM
.... Here is the latest dilemma – what are your thoughts?. I spent 15 years working in a local authority housing department before taking voluntary redundancy four years ago. ...
Source : Independent [Read Article] Thursday 22nd of May 2014 11:00:00 PM
....However, the huge restructuring meant operations were overhauled worldwide, including in the UK. Last year, 500 workers took voluntary redundancy or early retirement when a transit van factory in Southampton was closed as work was transferred to Turkey. ...

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