Byron to cut 650 jobs and close 31 outlets

Byron will permanently close 31 restaurants with the loss of 651 jobs despite the burger chain being bought out of administration.

It will shut more than half its 51 sites after becoming the latest casual dining business to be hammered by the coronavirus pandemic.

Administrators at KPMG said that the brand and certain assets had been sold to a newly formed company called Calveton in a move that will protect its 20 remaining sites and 551 employees.

Will Wright, partner at KPMG and joint administrator, said the sale “ensures Byron will continue to have a presence on our high streets”.

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Over-55s, not millennials, have been the main victims of the coronavirus jobs crisis

The report said older workers who had not yet retired had been impacted disproportionately and some were “now confronting real financial hardship and challenges ahead”. It added that older people who had been made redundant may find it harder to find opportunities to retrain. 

Those of retirement age have been particularly hard hit by the pandemic, according to separate research by Rest Less, a jobs site for older people. Its analysis of data from the Office for National Statistics found that over-65s had seen the biggest drop in number of hours worked since the outbreak.

Stuart Lewis, the firm’s founder,

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Where will the jobs of the future come from?

This last category is the most likely to leave a crater in the economy now.

While office staff can often work from a laptop at home, and health workers are clearly in enormous demand, it is face to face customer service jobs which have been smashed by the pandemic.

At the peak of the lockdown in May four-fifths of workers in accommodation and food services were on furlough.

The sector is reopening only gradually, with consumers often cautious about sitting indoors. That is bad news for its typically young and low-paid workers.

Large parts of retail fall into the same

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Dyson to cut 900 jobs with one in six UK workers axed

Dyson is cutting 600 of its 4,000 staff in the UK as the consumer goods maker restructures following the lockdown.

Redundancies will be spread across the business but largely focused on retail roles, such as Dyson employees working in concessions in department stores.

Customer service positions at the company’s headquarters in Malmesbury, Wiltshire, will also go, along with some back-office functions such as legal. Some research and development roles are also understood to be affected. 

Demand is thought to have rapidly shifted online as shops were forced to close to control the pandemic, meaning many in-store jobs were no longer

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