• Privacy policy
  • T&C’s
  • About Us
    • FAQ
  • Contact us
  • Guest Content
  • TLE
  • News
  • Politics
  • Opinion
    • Elevenses
  • Business
  • Food
  • Travel
  • Property
  • JOBS
  • All
    • All Entertainment
    • Film
    • Sport
    • Tech/Auto
    • Lifestyle
    • Lottery Results
      • Lotto
      • Set For Life
      • Thunderball
      • EuroMillions
No Result
View All Result
The London Economic
SUPPORT THE LONDON ECONOMIC
NEWSLETTER
The London Economic
No Result
View All Result
Home Business and Economics

10,000 jobs axed in one morning as scale of job crisis becomes clear

Burger King, Rolls-Royce, John Lewis and Boots all announced significant cuts to their workforce today.

Jack Peat by Jack Peat
2020-07-09 13:07
in Business and Economics
FacebookTwitterLinkedinEmailWhatsapp

Close to 10,000 jobs have been cut in the UK as a raft of announcements made clear the scale of the impending jobs crisis.

Burger King led this morning’s devastating string of despatches as the fast food chain announced 1,600 jobs could be lost as it is forced to permanently shut one in 10 UK outlets.

Chief executive Alasdair Murdoch told the BBC’s Newscast: “We don’t want to lose any (jobs). We try very hard not to, but one’s got to assume somewhere between 5 per cent and 10 per cent of the restaurants might not be able to survive.

“It’s not just us – I think this applies to everyone out there in our industry.”

Rolls-Royce followed shortly after with news that more than 3,000 British workers have applied for redundancy, many of whom will leave in the next two months after the company announced a sweeping round of job cuts.

The news comes seven weeks after the manufacturing company said that it would slash 9,000 jobs across its global workforce, warning that factories in the UK were set to be the worst hit.

Elsewhere, John Lewis is to permanently close eight of its stores, putting 1,300 workers at risk.

The John Lewis Partnership said the decision was made to “secure the business’s long-term future and respond to customers’ shopping needs”.

It said department stores in Birmingham and Watford will be affected, along with four At Home stores in Croydon, Newbury, Swindon and Tamworth, and travel sites in Heathrow and St Pancras.

RelatedPosts

Trump unveils $499 gold mobile phones for ‘real Americans’

No ‘millionaire exodus’ as a result of Labour policies, study finds

Shops could be forced to accept cash in future

Liverpool to introduce tourist tax from June

Adding yet more misery was a Boots announcement that it will be cutting more than 4,000 jobs as part of action to mitigate the “significant impact” of Covid-19.

The move will affect around 7 per cent of the company’s workforce and will particularly affect staff in its Nottingham support office.

It will also affect some deputy and assistant manager, beauty adviser and customer adviser roles across its stores.

The restructuring will also result in the closure of 48 Boots Opticians stores.

Related: UK may face decades of tax rises after coronavirus crisis – IFS

Tags: headline

Subscribe to our Newsletter

View our  Privacy Policy and Terms & Conditions

About Us

TheLondonEconomic.com – Open, accessible and accountable news, sport, culture and lifestyle.

Read more

SUPPORT

We do not charge or put articles behind a paywall. If you can, please show your appreciation for our free content by donating whatever you think is fair to help keep TLE growing and support real, independent, investigative journalism.

DONATE & SUPPORT

Contact

Editorial enquiries, please contact: [email protected]

Commercial enquiries, please contact: [email protected]

Address

The London Economic Newspaper Limited t/a TLE
Company number 09221879
International House,
24 Holborn Viaduct,
London EC1A 2BN,
United Kingdom

© The London Economic Newspaper Limited t/a TLE thelondoneconomic.com - All Rights Reserved. Privacy

No Result
View All Result
  • Home
  • News
  • Politics
  • Lottery Results
    • Lotto
    • Set For Life
    • Thunderball
    • EuroMillions
  • Business
  • Sport
  • Entertainment
  • Lifestyle
  • Food
  • Travel
  • JOBS
  • More…
    • Elevenses
    • Opinion
    • Property
    • Tech & Auto
  • About Us
    • Privacy policy
  • Contact us

© The London Economic Newspaper Limited t/a TLE thelondoneconomic.com - All Rights Reserved. Privacy

← UK may face decades of tax rises after coronavirus crisis – IFS ← BBC pushes ahead with charging over 75s licence fee
No Result
View All Result
  • Home
  • News
  • Politics
  • Lottery Results
    • Lotto
    • Set For Life
    • Thunderball
    • EuroMillions
  • Business
  • Sport
  • Entertainment
  • Lifestyle
  • Food
  • Travel
  • JOBS
  • More…
    • Elevenses
    • Opinion
    • Property
    • Tech & Auto
  • About Us
    • Privacy policy
  • Contact us

© The London Economic Newspaper Limited t/a TLE thelondoneconomic.com - All Rights Reserved. Privacy

-->