Balpa the union said: "This is another terrible blow for the industry and is evidence of the dire situation facing UK aviation. Premier Inn owner Whitbread has warned it could axe up to 6,000 jobs as the coronavirus crisis continues to hit demand for hotel stays. The Trust is also saving around £41m in annual costs from areas such as reducing travel and office costs and cutting marketing and print spend in favour of digital communications. When lockdown restrictions ease and flight schedules are increased again, there will be fewer passengers, fewer and probably more expensive flights and sadly thousands of cabin crew, pilots and ground staff will have lost their jobs. Around 2,000 management jobs at being axed at Royal Mail as it looks to slash costs in the face of the coronavirus crisis. We will be challenging Virgin very hard to justify this.". Are you a Virgin Atlantic employee? It comes after the decision of the car maker last year to cease production, in what was a major blow for the Welsh automotive sector. The retailer had recently been bought by Stonebridge Private Equity through its subsidiary Torque Brands, with the new owner saying that the future of the entire retail sector was facing a "very real threat.". If the proposals are adopted, VF said it intended to complete the full business closure in the UK by March 31, 2021. CYBG set for Virgin merger but consumers shouldn't get too excited. It also told staff that its Gatwick airport operation might not reopen after the pandemic passes. Virgin Atlantic also said it will move its flying programme from Gatwick to Heathrow. Welcome to Virgin Atlantic. Accenture employs 11,000 people in Britain. Access your bills, diagnose faults and manage your package. The Devon-based company is to make 100 workers redundant from its workforce of 2,700. The bank will shut 164 sites, with locations of the branches due to be announced this afternoon. Search by postcode or place, and check if you are well covered by 4G, 3G and 2G. It brings the total job losses at the trust linked to the pandemic to 1,458. Some 120 staff will remain on site for a number of months for de-commissioning work, while 50 staff have taken up employment at other Ford sites. Business News. To sign up, find out more and see all of our newsletters, Genting Casino's under-threat Torquay casino, Clarks is the latest retailer to close stores due to the coronavirus outbreak, closures of sites not serving food in high-risk areas such as Liverpool, total job losses at the trust linked to the pandemic to 1,458, shut dozens of pubs with the loss of 800 jobs. Meanwhile, the airline industry has said it must be ready with a series of measures to prevent the spread of coronavirus before air travel can resume. Virgin redundancies to top 1000. Today's Paper Place an Ad Wednesday, 27 January 2021. But Virgin says the letters have been sent out “as a matter of course” and expects all members of staff to accept redeployment rather than take redundancy. Jobs. The Newcastle-based firm said it had opened consultations on job losses, though it hasn’t said how many roles are at risk. Commenting on its own future, Gatwick said: "We remain very optimistic about the long-term prospects of Gatwick Airport and our resilience as a business, and having remained open throughout this pandemic we are in a strong position to extend our current operations quickly to meet demand.". The company has written to workers outlining its plans as it battles losses caused by having to shut its sites during the coronavirus lockdown. To keep up to date with all the latest announcements, news and analysis, sign up to the BusinessLive newsletter. A spokesman for the FTSE 100 company said that some 150 staff were under consultation at its national headquarters in Enderby, Leicestershire. When Ford announced the closure of the Bridgend plant it employed 1,644. The BBC has said it needs to save £25million by the end of March 2022 and is planning to cut around 450 jobs in England. But which companies have already made the decision to cut jobs? Nine hundred Virgin Media employees in the UK could be facing redundancy as the company has announced restructuring plans that could see mass lay-offs over the next two years. The airline is set to make up to 12,000 people redundant. Tui cut its fourth quarter programme from 30% to just 25%, with the upcoming winter holiday capacity recently reduced by around another fifth. Virgin Australia forced into voluntary administration, as Deloitte says 'there are no plans to make redundancies' ... "I know how devastating the news today will be … Thierry Andretta, Mulberry's chief executive, said: “In spite of the good performance of our sector leading digital and omni-channel platform, and our global network of digital concessions, the shutting of all our physical stores has had, and will continue to have, a marked effect on our business.". Investors have been told that this includes around 1,500 employees taking voluntary redundancy this year. Meetings with unions in Europe have started and the cuts due at individual sites will be announced in the coming days. “I very much regret that the consequence of this is that the jobs of around 2,150 of our colleagues will be impacted, but it is an inevitable consequence of the limitations placed upon our business. The move comes on the back of a recent restructuring of the company's debt which has given Virgin Media significant breathing space for the future. Tui has received huge sums of cash from the German Federal Government to keep trading, including a further stabilisation package of €1.2bn announced last month. 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The decision will affect all head office staff, apart from those in Northern Ireland and the Republic of Ireland. Weekly quiz: Know about these history-making directors? The pub and restaurant company has said it will shut dozens of pubs with the loss of 800 jobs after being hit by tighter restrictions in the face of the pandemic. Moscow say the diplomats attended weekend protests in support of Putin critic Alexei Navalny. Sound of Music star Christopher Plummer dies at 91, What Biden's foreign policy 'reset' really means, The voter fraud claims that led to a coup, 'Mosul is healing': Rebuilding the historic city. The moves - which will mean TSB will have more than halved its estate over the past seven years - have come with the Spanish-owned bank saying the cuts have been driven by a “significant shift in customer behaviour”, as fewer customers use branches in favour of online banking. Around 480 jobs have been axed after a North West manufacturing group placed two businesses into administration. It said the pandemic has added a further £125million to that savings total. The cull will affect some of its 9,700 managers, with senior executive and non-operational roles hardest hit. The recent £1.7bn takeover of Virgin Money by the Clydesdale and Yorkshire Banking Group is expected to lead to the loss 1,500 jobs, many of which will be in senior management positions. The group - which is approaching its centenary - employs around 1,500 people at a number of companies around the North East. Other airlines have already announced that they intend to cut jobs because of the collapse in demand for travel due to the coronavirus pandemic. The chain, which has 3,500 staff, was suffering the effects of the coronavirus even before the lockdown was imposed as shoppers stayed at home. Virgin Voyages has confirmed that redundancies have been made within its shore-side team in the US due to coronavirus. Colin Brinsden AAP. explains more about how we use your data, and your rights. As the economic impact following the global Covid-19 pandemic takes affect, many businesses, large and small, across the UK and around the world, are having to restructure, When you subscribe we will use the information you provide to send you these newsletters. Virgin Atlantic has announced it is to cut more than 3,000 jobs in the UK and end its operation at Gatwick airport. New chairman Sharon White reportedly sent a bombshell letter to staff, warning of potential closures as well as job losses. The company statement said the move in no way reflected on the dedication and performance of its staff in Plymouth, where the factory makes the Geocel sealant, and has been operating for several years. Chief Executive Guillaume Faury warned the aerospace giant was planning for a two-year drop of 40 per cent in jetliner output because of the coronavirus pandemic and that restructuring was needed. According to Retail Gazette, in an email circulated to the company’s staff, chief executive Michael Ward said 680 jobs out of its 4800-strong workforce would go. However, Mr Weiss said there was no certainty when the air travel industry would recover from the coronavirus crisis. If you’re being made redundant, you might be eligible for certain things, including: Start by entering the first 2-3 letters of your sponsor organization's name. Virgin Australia will make all pilots at its budget arm Tigerair redundant as part of a round of layoffs that will see more than 1000 workers lose their jobs in … Manchester Airport Group said a total of 892 jobs are at risk across the airports it operates, with 465 jobs at Manchester Airport, 376 roles at London Stansted and 51 positions at East Midlands under threat. "We have weathered many storms since our first flight 36 years ago but none has been as devastating as Covid-19 and the associated loss of life and livelihood for so many," said Virgin Atlantic chief executive Shai Weiss. More than 900 jobs will be lost as high street bank TSB announced plans to shut more than a third of its branches. Union bosses said staff at the large plant in the Ernesettle area of the city, where about 230 people are employed, have been written to and told job losses are likely. Fashion business Mulberry is planning to cut around 25 per cent of its global workforce as it battles with the impact of the coronavirus pandemic on its business. Business Comment. The company has previously said it intended to reduce the size of its branch network but has now accelerated plans amid the pandemic. Many firms across the UK have fallen into administration in 2020, while others are balancing on a knife-edge - many of which are being propped up by the government’s job retention scheme. Virgin Australia boss Paul Scurrah says he cannot rule out further job losses ... when asked if there would be redundancies before the end ... Vic to reopen borders with NSW, Labor reshuffle today. Thousands of people in Britain are set to lose their jobs after a raft of companies announced plans to reduce the size of their workforce. In May, the company announced it was slashing 9,000 jobs from its global workforce of 52,000 due to a dramatic slump in the aviation industry caused by the coronavirus pandemic. It expects to axe 300 contractors and 700 permanent staff. Ryanair warns refunds to take up to six months, BA may not reopen at Gatwick once pandemic passes, Russia expels diplomats over Navalny protests. It estimates that around 1,500 jobs will go at Derby and a smaller site in Nottinghamshire this year. The company said that sales in the first half of the year were "significantly down year-on-year" after it had to close most of its hotels and restaurants for the coronavirus lockdown. But the company's hotels are still almost half empty, with occupancy levels reaching only 51% in August. Whitbread is now looking to cut 6,000 jobs - almost a fifth of its workforce - as a result of reduced demand, saying it hopes the reduction can be achieved through voluntary redundancies. The coronavirus crisis hit almost every aspect of income for the conservation and heritage charity, which has 5.6 million members, shutting all of its houses, gardens, car parks, shops and cafes, and stopping holidays and events. Virgin Media is part of NTL:Telewest. Meanwhile, 700 jobs will go at the company's Renfrewshire plant in Scotland and it will also be cutting 50 jobs from its Washington, Tyne and Wear plant. The Eat Out To Help Out scheme had helped restaurant sales but total revenues were still down 38.5% year-on-year in August. The firm's 127 Cineworld and Picturehouse theatres in the UK will close, alongside 536 Regal theatres in the US. BA employs some 42,000 people around the world. A further 782 people have taken voluntary redundancy, as part of cuts to jobs that will save around £59m a year. “With business activity levels remaining below normal for the foreseeable future we must change the way we work to be as productive and flexible as we can in order to protect as many jobs as possible for the long term. My Virgin Media, making managing your account easier with all your information in one place. VF said the current business model was “not in line” with finance performance expectations. The management consultancy firm is reportedly axing 900 jobs in the UK. 26 March 2020; ... we never dreamed the world and our industry would be facing the type of challenges we all are today. It happens when employers need to reduce their workforce. The telecoms company has launched a shake-up that will see its eight customer operations sites be reduced to four. The oil giant has announced plans to cut up to 9,000 jobs worldwide due to a collapse in demand for oil following the coronavirus pandemic. Our aim is to minimise the risk of job losses by negotiating reduced hours in our shops and we will update on the outcome of the consultation when concluded.”. Around 400 jobs are to be lost in the latest stage of redundancies announced in October that followed the merger between Virgin Money and the owner of the Clydesdale and Yorkshire banks. In 2018, the bank said it would cut 1,500 jobs - about 16% of its workforce - as part of a rationalisation programme and the elimination of duplicated roles. It revealed it was telling trade unions about a restructuring and redundancy scheme after global passenger numbers fell amid lockdowns and stay-at-home orders around the world. And the consensus is that it will take years for the aviation sector to bounce back to where it was before the pandemic. Engineering giant Rolls-Royce has confirmed that around 3,000 UK jobs will go after opening a “voluntary severance” scheme. The redundancies could amount to 16 percent of the current 9,500 full-time staff across the two businesses and will come as a significant blow to the UK’s uncertain financial sector. The luxury car manufacturer is looking to axe 1,000 workers which accounts for up to 25 per cent of its workforce. Bentley Motors is set to make hundreds of compulsory redundancies after employees failed to come forward for a voluntary release programme. The impact will be on 2,150 workers currently on furlough support and the firm said it will also launch a further cost-cutting plan by the end of the year. Dire situation facing UK aviation the high street of the coronavirus crisis: virgin Australia braces for mass,... Or health plan and our industry would be facing the type of challenges we are! It said the move comes after rival British Airways, which is its! 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