Where the jobs axe is falling across the UK

Linda J. Dodson

Kier – unknown

Construction firm Kier has announced more job cuts as the financial impact of the coronavirus pandemic has reduced revenue and raised net debt. The contractor expects to reduce costs by £100m by next June. It had previously been looking to reduce costs by £65m by next June, the majority of which comes from cutting 1,200 jobs. The company has not confirmed how many extra jobs have been lost.

Le Pain Quotidien – 200 jobs

The British arm of the bakery chain Le Pain Quotidien was sold in a pre-pack deal that cost 200 jobs.

Laura Ashley – 2,700 jobs

Laura Ashley filed for administration in March after the struggling retailer failed to secure £15m of emergency cash to stay afloat, putting around 2,700 jobs at risk. Laura Ashley blamed coronavirus for its decision.

Manpower UK – unknown

Recruiter Manpower UK has warned that job cuts among its own 1,800 staff are looming as Covid-19 shatters the employment market.

Mark Cahill, its UK boss, said that the firm, which has placed “hundreds” of its staff in the Government’s coronavirus job retention scheme, could be forced to shed workers as support for employers starts to be wound down at the end of next month.

McLaren – 1,200 jobs

Woking-based supercar and Formula 1 racing business McLaren announced in May that more than a quarter of its workforce, around 1,200 jobs, will be slashed. McLaren has been particularly hard hit because the pandemic has halted the Formula 1 racing season, which accounts for a large chunk of its earnings.

Monsoon Accessorize – 500 jobs

Fashion chain Monsoon Accessorize is to make more than 500 staff redundant after being bought out of administration. 

Around 450 jobs have been transferred to new group company Adena Brands, while 35 shops have permanently closed with the loss of 545 jobs. 

Mulberry – 500 jobs

Almost 500 jobs are at risk at Mulberry as it takes drastic measures to slash costs during the coronavirus crisis.

The upmarket handbag maker said it was being forced to cut staff because the pandemic had hit demand for its products while retail remains closed in the UK.

News UK – unknown

Rebekah Brooks, chief executive of News UK, wrote to staff on the Sun and the Times titles to announce that “in the coming months, we will need to streamline the business and take some tough decisions, saying goodbye to some valued and talented colleagues”. It is not known exactly how many staff will be let go.

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