Lloyds will cut another 1,070 staff under restructuring plan to cope with Covid crisis

Lloyds will cut another 1,070 staff under restructuring plan to cope with Covid crisis – less than two months after slashing 865 jobs By Dan Sales For Mailonline Published: 11:46 GMT, 4 November 2020 | Updated: 11:54 GMT, 4 November 2020 Lloyds Banking Group has said it plans to cut another 1,070 jobs as it … Read more

London City Airport is axing 239 jobs as part of ‘crucial restructuring plans’ 

London City Airport is axing 239 jobs – 35% of its total staff – as part of ‘crucial restructuring plans’ amid Covid pandemic By Danyal Hussain For Mailonline Published: 11:27 BST, 14 September 2020 | Updated: 11:39 BST, 14 September 2020 London City Airport has announced it is cutting up to 239 jobs as part of … Read more

Lloyds Bank to cut 865 jobs as it revives restructuring plans made before Covid 

Lloyds Bank will cut 865 jobs in its insurance, wealth and retail teams as it revives restructuring plans made before Covid pandemic The job losses included 780 cuts that were put on hold because of the pandemic  News comes after Natwest Group and Co-operative Bank announced job cuts  Unite union national officer worried workers thrown … Read more

Prince Harry and Meghan Markle spoke to ‘Buckingham Palace about restructuring press’ last summer

Prince Harry and Meghan Markle spoke to ‘Buckingham Palace about restructuring press system’ last summer, their royal biographer has revealed. The Duke, 35, and Duchess of Sussex, 39, are currently living in their $14 million Santa Barbara mansion having stepped back from duty and withdrawing from the ‘royal rota’ system in March. Omid Scobie, who co-wrote … Read more

Jobs could go in restructuring plans at bus manufacturer

Jobs could be lost in restructuring plans at bus manufacturer as company reports significant decline in demand By Daily Mail City & Finance Reporter Published: 22:14 BST, 27 July 2020 | Updated: 22:14 BST, 27 July 2020 Hundreds of jobs could be lost in restructuring plans at a bus manufacturer as the company reports a … Read more

Up to 500 jobs are at risk at online retailer ASOS after it announced restructuring of the business

Hundreds of workers at online retail giant ASOS are set to lose their jobs as the firm moves the bulk of customer service work to the Philippines, according to staff. Around 500 day shift employees at its customer care centre in Leavesden, Hertfordshire, were informed earlier this week they were facing possible redundancy in light of … Read more

Ryanair says up to 3,000 jobs will be lost as part of restructuring plan

Ryanair has today said it expects up to 3,000 jobs to be lost as part of a restructuring of the airline.  The airline announced the planned job cuts as it revealed it expects to operate under 1 per cent of its schedule between April and June. The airline announced the planned job cuts as it … Read more

NMC Health hires advisers to oversee emergency debt restructuring

NMC Health hires team of advisers to oversee emergency debt restructuring after shares were suspended last week By Daily Mail City & Finance Reporter Published: 21:51 GMT, 2 March 2020 | Updated: 21:51 GMT, 2 March 2020 NMC Health is in turmoil after the FCA launched a probe following devastating revelations about its finances Scandal-hit … Read more

Sir Philip Green fires gun on Arcadia revamp, installing two restructuring experts to the board

Sir Philip Green fires gun on Arcadia revamp, installing two restructuring experts to the board By City & Finance Reporter for the Daily Mail Published: 21:51 BST, 11 April 2019 | Updated: 22:03 BST, 11 April 2019 Sir Philip Green has installed two restructuring experts on the board of his Arcadia retail empire Sir Philip Green has … Read more