Both employers and applicants have highlighted an increase in recruitment challenges, new data from LinkedIn shows
Job creation and losses
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Facebook owner Meta has told staff it will cut around 5% of its global workforce, and will use the company’s performance management system to do so.
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Global recruitment firm PageGroup reveals it reduced fee earner headcount to 5,370 by slashing 130 jobs in the final three months of 2024.
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The fall in vacancies was at the steepest recorded in more than four years, with the fall in demand for permanent staff being more severe than at any time since August 2020
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According to the latest report by job search engine Adzuna, this growth signals renewed employer confidence as the year closes.
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The companies say they will cut up to 7% of their combined employee base.
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It's hard to escape predictions about the impact of AI on the workplace, but businesses need to tread carefully when outlining plans to make efficiences.
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Staff at Coventry University are threatening to strike after learning that around 100 workers could lose their jobs.
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Shoe Zone is shutting stores following an increasing wage bill as a result of the chancellor’s October budget announcement.
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Businesses seeking to cut costs through redundancies post-budget should not rely on this as the sole reason for dismissal.
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Lycamobile is slashing its UK workforce by 90%, putting more than 300 jobs at risk just days before Christmas.
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Wages are growing at a faster pace than anticipated after a slow year, according to data released today (17 December).
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TalkTalk is cutting hundreds of jobs in an attempt to save more than £120 million as part of a “radical” restructuring plan.
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Boohoo Group is expected to axe 200 jobs as part of a redundancy programme as it cuts back on spending across the company.
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The arrival of the first Labour government for 14 years ushered in a host of changes for employers.