Company Restructures Redundancy Everywhere

Published / Last Updated on 12/04/2012

Company Restructures Redundancy Everywhere.

We expected 2012 to be a tough year for redundancy and it certainly looks that way.  We suggested earlier that this year that redundancy in the UK could hit 3m.  It sat at 2.67m in January and we expect that figure to rise much further before a fallback later this year as companies restructure.

There has been much doom and gloom this week:

  • British Airways take over of BMI deal puts 1,200 jobs at risk.
  • Sony is to lose 10,000 jobs globally and we do not know how many in the UK will suffer as it restructures
  • Mothercare is to close 111 stores by 2015
  • Yahoo is to cut 2,000 staff, again we do not know how many will be UK based.

Add to this the ever increasing number of high street stores and all the unseen companies folding and public sector cutbacks, we cannot see things being anything other than redundancy gloom.

That said, Need An Adviser is expanding.  Sadly, we do not have 2.67m vacancies but we do have a few.  If you are IT savvy, literate and want a career in a forward thinking financial services business, then do contact us and send us a link with your CV.

Back to: News Home

Explore our Site

About
Advice
Our Fees
Videos
Calculators
Money MOT