"Depending on how long the pandemic lasts and the period of time our planes are grounded for, hopefully the same will happen this time.". Stay up to date with our daily newsletter, email breaking news alerts and weekly round-ups. Help and Support from Virgin Media. The message confirmed that S Cartwright and Sons coachbuilders and Cartwright Fabrications had "ceased trading with immediate effect". What's the future for cinemas in the age of Covid? The company told Reuters: “Due to the impact of Covid-19 on our business including the closure for over three months of all our stores and head offices, we have today informed staff of the need to restructure our head offices.”. Airbus is to axe 1,700 jobs in the UK as part of global restructure due to reduced production levels. 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. US-based VF Corporation, the parent company of Williamson-Dickie, which makes Dickies Workwear, is looking to "discontinue" the Europe, Middle East and Africa (EMEA) arm of its workwear business. It called on the Government to provide urgent support for the hospitality sector while tightened restrictions, such as the recent 10pm curfew, remain in place. According to the Guardian, the UK job cuts will be at all levels, including managing directors, and across all parts of the business. Virgin Media to cut 500 jobs in review of UK operation sites. The group said the job cuts come as part of a management overhaul under plans to save £330 million over the next two years. It has also carried out a redundancy programme at its Leicester head office. Hundreds of staff at J aguar Land Rover's Halewood plant are to be made redundant after the car manufacturer announced significant changes to its factory shift pattern. Parent company International Airlines Group (IAG) said revenues for the first quarter fell 13 per cent to £4billion. Pilots at Ryanair have reportedly agreed to take a 20 per cent pay cut in an effort to avoid around 3,000 job cuts at the airline. 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. Consultation will reportedly start in the middle of July, with between 700 and 900 people to leave the business by September. The consultation will run until the middle of August when, the spokesman said, around 75 jobs could go. When Ford announced the closure of the Bridgend plant it employed 1,644. Our network delivers the fastest widely-available broadband speeds to homes and businesses. 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. Redundancies at Virgin Voyages following launch delay. “We will be looking at our cost base further in the coming weeks.”. The global travel giant announced in May a plan to cut the jobs as it sought to reduce its annual overheads by 30%. Around 2,000 management jobs at being axed at Royal Mail as it looks to slash costs in the face of the coronavirus crisis. If the proposals are adopted, VF said it intended to complete the full business closure in the UK by March 31, 2021. Accenture employs 11,000 people in Britain. Tui cut its fourth quarter programme from 30% to just 25%, with the upcoming winter holiday capacity recently reduced by around another fifth. ... Heathrow’s Covid testing facility opens today. According to the Guardian, pilots’ union Balpa said 96 per cent of the airline’s members had voted to accept the deal to avoid job losses. The National Trust has announced it is slashing 1,300 jobs amid moves to save £100m of annual costs as a result of the Covid-19 pandemic. 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. Virgin Atlantic also said it will move its flying programme from Gatwick to Heathrow. Gatwick said the company was "very saddened" to hear of Virgin Atlantic's plans. The Plymouth and Sheffield factories are part of the giant American Sherwin-Williams Company, headquartered in Cleveland, Ohio, which boasted a turnover of US$17.9billion in 2019. The programme has been paying 80 per cent of the wages for nine million workers in the UK, but the scheme will end permanently on October 31 - a time when more redundancies are likely. It brings the total job losses at the trust linked to the pandemic to 1,458. Coronavirus crisis: Virgin Australia braces for mass redundancies, 8000 workers asked to take leave. 412 Virgin Atlantic Airways reviews. Virgin Atlantic is to cut a further 1,150 jobs and put another 600 cabin crew on extended furlough beyond October, despite securing a £1.2bn rescue plan that was signed off by a … Black-owned companies to watch and support in 2021, These inspiring entrepreneurs are making waves in the business world, Bank of England boss: Vaccines could get economy back to pre-Covid levels in just a few months, “I want to congratulate and pay tribute to everybody involved in the vaccines – it’s a great story and reflected in our forecast", Dairy Milk boost for Cadbury's plant in Birmingham, Production of famous chocolate is set to increase by a third at historic plant with manufacturing shifting from sister sites in Europe. 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. Please include a contact number if you are willing to speak to a BBC journalist. The decision will affect all head office staff, apart from those in Northern Ireland and the Republic of Ireland. Find our best fares on your next flights to the US and beyond, with a fantastic choice of food, drinks, award winning entertainment and onboard WiFi. Our. Virgin Australia launches huge flight sale with $69 tickets to Byron Bay starting TODAY Mail Online 02:09 14-Jan-21 Virgin Australia extends free booking flexibility, as it prepares to put 30,000 fares on sale Travel Weekly 00:54 14-Jan-21 But which companies have already made the decision to cut jobs? The broadcaster said it had already had to make savings of £800million before Covid-19 struck. ONS numbers showed 227,000 redundancies between June and August, a record increase of 113,000 on the previous three-month period, confirming the surge in HR1 redundancies … It will keep 79 of its sites shut for the time being, it said in October, with around one third of these closures expected to be permanent. It was 28% at British Airways. The deal was announced only hours after chief executive Michael O’Leary reportedly said 3,000 jobs could be saved if staff took pay cuts. What next for the stores left empty by the loss of House of Fraser? But the whole aviation sector is living a new reality. Manchester Airport has seen passenger numbers drop amid the coronavirus crisis. 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. But the UK operations have been in the doldrums of late with documents filed at Companies House in September 2020 revealing a before-tax loss of £1,933,232 for the year to the end of 2019. Harrods is reportedly planning to make 700 employees redundant. Virgin Atlantic was Gatwick's ninth-largest airline, so it's a blow, but not a knock-out punch. Other airlines have already announced that they intend to cut jobs because of the collapse in demand for travel due to the coronavirus pandemic. It estimates that around 1,500 jobs will go at Derby and a smaller site in Nottinghamshire this year. Shoe retailer Clarks is planning to cut hundreds of office jobs as part of a major shake-up. "After 9/11 and the global financial crisis, we took similar painful measures but fortunately many members of our team were back flying with us within a couple of years. It said it intended to keep its slots at Gatwick "so it can return in line with customer demand". Virgin Australia will shed about 3000 jobs and cull Tigerair Australia as it rebrands as a “value airline” with a focus on domestic and short-haul international flights, it announced this morning. Ward reportedly said the job cuts would come “in parts of the business that have been most affected by the challenges of lockdown.”. Around £124m of projects have been halted. Ralph Findlay, chief executive of Wolverhampton-based Marston’s, said: “The additional restrictions which have been applied across the UK most recently present significant challenges to us and will make business more difficult for a period of time. Virgin Atlantic also plans to reduce the size of its fleet of aircraft from 45 to 35 by the summer of 2022. It has launched a consultation on a restructure to “simplify and reshape” the business in the face of the pandemic, which it said could lead to more than half of its 9,000-strong peak season workforce being axed. According to the Evening Standard, Mrs White's letter to staff of the partnership, which includes Waitrose, said “it is likely that there will implications for some Partners’ jobs”. Video'Mosul is healing': Rebuilding the historic city, French skiers swerve Covid in cross-country boom. This makes us well-placed to comment on a wide variety of technological issues impacting business in the UK, including: The cull will affect some of its 9,700 managers, with senior executive and non-operational roles hardest hit. Search by postcode or place, and check if you are well covered by 4G, 3G and 2G. The company has written to workers outlining its plans as it battles losses caused by having to shut its sites during the coronavirus lockdown. 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. Now 30% of jobs will be lost at Virgin Atlantic. The Devon-based company is to make 100 workers redundant from its workforce of 2,700. 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. Get the latest from Richard Branson and the Virgin companies. Discount footwear chain Shoe Zone stores has decided to close 20 stores. Business Comment. "No part of the BBC is immune to this savings challenge and other areas of the BBC are further ahead in terms of making savings than we are and their targets are just as difficult," it said. The bank had previously signalled 500 job losses earlier this year with a programme of branch closures and other cuts, though the programme was suspended at the start of the coronavirus outbreak and the job losses were later reduced to 300. Luxury bedmaker Vispring, which is favoured among celebrities such as David and Victoria Beckham, is expected to make redundancies at its large Plymouth factory. The group - which is approaching its centenary - employs around 1,500 people at a number of companies around the North East. The retail giant is planning to close stores, make redundancies and scrap its bonus, it has been reported. It happens when employers need to reduce their workforce. That has been compounded by the decision earlier this year of Ineos Automotive to abandon plans for a new factory, next to the Ford plant, assembling its new 4 x4 Grenadier vehicle in an investment that promised to create 500 jobs. No airline or airport is immune. The firm has said the change will bring "significant operating efficiencies", and that it is offering an "enhanced voluntary redundancy programme" to its workers. 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 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. 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.". VF said the current business model was “not in line” with finance performance expectations. More than 900 jobs will be lost as high street bank TSB announced plans to shut more than a third of its branches. It said it was performing ahead of market since being able to re-open and that it had 98% of its hotels operational by the end of the accounting period. Qantas will cut at least 6,000 jobs across all parts of the business as part of its long-term response to the coronavirus pandemic and will not resume substantial international travel … 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. The move affects a total of around 45,000 employees in the two countries, Cineworld's two main markets. It also told staff that its Gatwick airport operation might not reopen after the pandemic passes. A spokeswoman says: “It’s highly unlikely there will be any redundancies at Virgin.com. Read about our approach to external linking. Investors have been told that this includes around 1,500 employees taking voluntary redundancy this year. The Newcastle-based firm said it had opened consultations on job losses, though it hasn’t said how many roles are at risk. CYBG set for Virgin merger but consumers shouldn't get too excited. 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. The Eat Out To Help Out scheme had helped restaurant sales but total revenues were still down 38.5% year-on-year in August. Ryanair has also said it will cut 3,000 jobs - 15% of its workforce - with boss Michael O'Leary saying the move was "the minimum that we need just to survive the next 12 months". Shirtmaker TM Lewin is to close all of its UK stores and around 600 workers will lose their jobs at the firm after it said it was going online-only in a bid to save the 120-year-old brand. Around 280 jobs are at risk of redundancy at Dickies Workwear in Midsomer Norton, Somerset. The changes will be fully implemented in spring. Play Video. The company has previously said it intended to reduce the size of its branch network but has now accelerated plans amid the pandemic. The firm's 127 Cineworld and Picturehouse theatres in the UK will close, alongside 536 Regal theatres in the US. It is being replaced with the Job Support Scheme but that will only help where staff are kept on on a part-time basis. BusinessLive has taken a look at the firms which have made redundancy announcements so far. The group, which also owns a number of brands while running travel sites for other big names, warned it expects to open only around a fifth of its sites in the UK by the autumn as travel is set to remain at very low levels amid the Covid-19 crisis. 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. We have articles, videos and troubleshooting guides for all your queries. Bentley Motors is set to make hundreds of compulsory redundancies after employees failed to come forward for a voluntary release programme. Video, 'Mosul is healing': Rebuilding the historic city, Woman, 95, accused over 10,000 Nazi camp murders, Actress shares story of 'nightmare' nose surgery, Parish council Zoom host 'surprised' by reaction, Romania baptism death sparks calls for change, US congresswoman who supported QAnon loses key post, Look back at Christopher Plummer's film highlights, its Gatwick airport operation might not reopen, Ryanair has also said it will cut 3,000 jobs. Virgin Voyages has confirmed that redundancies have been made within its shore-side team in the US due to coronavirus. Virgin Money and CYBG strike £1.7bn deal putting 1,500 jobs at risk. It said it hoped to reduce the number of jobs losses by staff taking reduced hours and by opening new shops. Virgin 8:27am Feb 1, 2021 The big ones were operating at or very near capacity. 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