Downsizing

Downsizing for an employer refers to a lowering of the number of employees, typically because of a reduction in profits or a reorganisation.

Downsizing inevitably involves making redundancies, with occur when an employer is ceasing to carry on with work for which the employee was employed, or is ceasing to carry on with work in the place where the employee is employed.


T-Mobile to slash 800 jobs across UK

8 Feb 2005

Mobile phone company T-Mobile is to cut some 800 jobs at sites across the UK.

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Proctor & Gamble to cut 6,000 jobs in merger with Gillette

28 Jan 2005

Consumer goods giant Procter & Gamble expects to cut 6,000 jobs, after agreeing a £30bn merger with health and beauty product manufacturer Gillette.

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Pfizer to cut 400 jobs at UK site

26 Jan 2005

Pharmaceuticals giant Pfizer looks set to cut 400 jobs at one of the company's UK factories.

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Royal Mail slashes HR budget by £57m

25 Jan 2005

Royal Mail has reduced its HR spend by £57m in two years as part of a massive organisational overhaul, senior HR executives have revealed.

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Oracle to announce PeopleSoft job cuts

12 Jan 2005

Oracle could cut 6,000 jobs from PeopleSoft with the confirmation of its buyout.

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RMT condemns more than 700 job cuts by rail manufacturer

1 Dec 2004

The RMT union has condemned the axing of more than 700 train-making jobs by rail manufacturing company Bombardier, and called...

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Manufacturing jobs on the line as output falls

12 Nov 2004

About 22,000 jobs in UK manufacturing could be lost in the next three months as output lags in many areas,...

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HR staff under threat as BBC plans 6,000 job cuts

25 Oct 2004

HR staff at the BBC face an uncertain future after it emerged that the corporation is planning to cut up...

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