Category: Latest Articles
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Labour’s policies are ‘a hindrance’ to hiring, REC says
Data from the Recruitment and Employment Confederation (REC) reveals that the number of job vacancies in the UK has returned to pre-pandemic levels, with 1.44m active postings in December. This marks a 5.5% decrease from November and a nearly 17% drop in new job postings. The latest figures from the Office for National Statistics (ONS)…
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Lloyds to shut Liverpool office
Lloyds Banking Group will shut its office in Liverpool later this year, saying the decision comes as part of broader plans to run “fewer, better-equipped” offices as it looks to cut costs. While Lloyds has not cut jobs as part of the closure, it will impact the site’s 500 staff. Around 420 staff will move…
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Meta to cut 5% of workforce and target ‘lowest performers’
Meta is preparing to cut about 5% of its global workforce, as the owner of Facebook, Instagram and WhatsApp looks to drop “low performers faster.” In a memo to staff, CEO Mark Zuckerberg said he had made the decision to speed up the company’s regular performance-based cuts in anticipation of an “intense year.” Zuckerberg said…
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WPP faces staff revolt over office policy
FTSE 100 advertising firm WPP is facing a revolt after demanding that staff return to the office. A petition calling on chief executive Mark Read to revoke the policy has secured more than 5,000 signatures. From April, staff will be required to spend an average of four days a week in the office. A spokesman…
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Women are more likely to be addicted to work, study suggests
Preliminary results of a global study led by Polish academics on work addiction – defined as the compulsive need to work or engage in work over a long period of time – suggest women are more likely to be work addicted. Australian research lead Rachael Potter from the University of South Australia said workplace culture…