It will leave the bank with 290 branches, more than halving its store estate over the past seven years. Virgin Atlantic has filed for bankrupt protection from creditors in the US, according to a court filing in New York on Tuesday.. The company has previously said it intended to reduce the size of its branch network but has now accelerated plans amid the pandemic. The Cartwright Group, based in Altrincham, confirmed the decision to staff on Tuesday afternoon. It said it intended to keep its slots at Gatwick "so it can return in line with customer demand". According to the company, the announcement follows a review of the Dickies Workwear business in EMEA. "We do not know when countries will start to reopen their borders, or whether restrictions will remain in place for some time. The move is understood to be in response to the Covid-19 pandemic and its effect on the industry, although union RMT said "firm details" about the decision are yet to be released. The cull will affect some of its 9,700 managers, with senior executive and non-operational roles hardest hit. The Trust is also saving around £41m in annual costs from areas such as reducing travel and office costs and cutting marketing and print spend in favour of digital communications. The distribution, storage and logistics company, which celebrated its centenary year in 2019, has seen a “significant” reduction in work from the effects of lockdown on it and the economy. According to the Guardian, pilots’ union Balpa said 96 per cent of the airline’s members had voted to accept the deal to avoid job losses. Cineworld in Ashford, Kent, the cinema chain has said up to 45,000 employees will be affected worldwide as it confirmed plans to temporarily close its theatres in the UK and the US Ð the cinema giantÕs two biggest markets. Gambling firm Genting Casino is considering closing three of its outlets with job losses across its remaining 29 sites across the UK, union bosses say. Virgin Australia will shed about 3000 jobs and cull Tigerair Australia as it rebrands as a “value airline” with a focus on domestic and short-haul international flights, it announced this morning. Our. The Next store chain is planning to make redundancies at its national head office. It called on the Government to provide urgent support for the hospitality sector while tightened restrictions, such as the recent 10pm curfew, remain in place. The programme has been paying 80 per cent of the wages for nine million workers in the UK, but the scheme will end permanently on October 31 - a time when more redundancies are likely. The shock announcement comes after rival British Airways said it could not rule out closing its Gatwick operation. The message confirmed that S Cartwright and Sons coachbuilders and Cartwright Fabrications had "ceased trading with immediate effect". We have got a huge 99% 4G population coverage. cut jobs when the Government’s furlough scheme ends, The employers making massive job cuts as 15,000 roles lost in a day at Tui, Whitbread and Wetherspoon, which slumped to a £995m loss in its third quarter, axe up to 6,000 jobs as the coronavirus crisis continues, Newcastle, London Stansted and London Southend, 150 staff were under consultation at its national headquarters, make redundancies at its large Plymouth factory, closing three of its outlets with job losses across its remaining 29 sites, 83 of the 178 staff currently employed at the historic city centre site, shed up to around 5,000 jobs as a result of plunging passengers numbers at transport hubs, 400 jobs are to be lost in the latest stage of redundancies announced in October, Chancellor's new plan set to boost South West and hospitality sector, close all of its UK stores and around 600 workers will lose their jobs, announced 160 redundancies globally in May, launched a consultation on plans to reduce its workforce, BusinessLive launches black-owned business campaign #IAMBOB ahead of Black Pound Day, It may be cheaper to sack staff than keep them on under new job retention scheme, Labour claims, Jobs come first over tax rises, insists Sunak, Lost sales and surplus stock - 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Redundancy is a form of dismissal from your job. Shoe retailer Clarks is planning to cut hundreds of office jobs as part of a major shake-up. Around 280 jobs are at risk of redundancy at Dickies Workwear in Midsomer Norton, Somerset. Cineworld chief executive Mooky Greidinger said: "This is not a decision we made lightly, and we did everything in our power to support safe and sustainable reopenings in all of our markets - including meeting, and often exceeding, local health and safety guidelines in our theatres and working constructively with regulators and industry bodies to restore public confidence in our industry.". Around 400 jobs are to be lost in the latest stage of redundancies announced in October that followed the merger between Virgin Money and the owner of the Clydesdale and Yorkshire banks. Please include a contact number if you are willing to speak to a BBC journalist. Coronavirus crisis: Virgin Australia braces for mass redundancies, 8000 workers asked to take leave. Virgin 8:27am Feb 1, 2021 Business News. Marston’s blames recent nationwide measures to tackle the surge in coronavirus cases, which has seen curfews placed on hospitality venues and the closures of sites not serving food in high-risk areas such as Liverpool. Meanwhile, 700 jobs will go at the company's Renfrewshire plant in Scotland and it will also be cutting 50 jobs from its Washington, Tyne and Wear plant. Are you a Virgin Atlantic employee? Ryanair warns refunds to take up to six months, BA may not reopen at Gatwick once pandemic passes, Russia expels diplomats over Navalny protests. Ward reportedly said the job cuts would come “in parts of the business that have been most affected by the challenges of lockdown.”. The group, which also owns a number of brands while running travel sites for other big names, warned it expects to open only around a fifth of its sites in the UK by the autumn as travel is set to remain at very low levels amid the Covid-19 crisis. It is not known yet how many roles could be affected. Around 480 jobs have been axed after a North West manufacturing group placed two businesses into administration. Last Updated 2 minutes ago: Virgin Media offers mobile phone, television, broadband internet and phone service over the cable network. Some 120 staff will remain on site for a number of months for de-commissioning work, while 50 staff have taken up employment at other Ford sites. The company told Reuters: “Due to the impact of Covid-19 on our business including the closure for over three months of all our stores and head offices, we have today informed staff of the need to restructure our head offices.”. Ryanair has also said it will cut 3,000 jobs - 15% of its workforce - with boss Michael O'Leary saying the move was "the minimum that we need just to survive the next 12 months". Clarks, which trades from around 345 stores in the UK, said the move is intended to help the company operate in a "lean, effective and quick manner". Video'Mosul is healing': Rebuilding the historic city, French skiers swerve Covid in cross-country boom. The decision will affect all head office staff, apart from those in Northern Ireland and the Republic of Ireland. The firm said it needed to reduce staff numbers by up to 30 per cent and has started a formal consultation with its employee representatives over proposals to potentially cease basing crew and aircraft at the three hubs. A further 782 people have taken voluntary redundancy, as part of cuts to jobs that will save around £59m a year. But which companies have already made the decision to cut jobs? The pub and restaurant company has said it will shut dozens of pubs with the loss of 800 jobs after being hit by tighter restrictions in the face of the pandemic. There is currently close to zero passenger demand and many airlines have ceased operations altogether. It has now confirmed that the vehicle will be built in France. Search by postcode or place, and check if you are well covered by 4G, 3G and 2G. Sherwin-Williams Diversified Brands Ltd’s plant in Western Wood Way, Langage, is earmarked for closure and a 30-day consultation with staff has begun. Virgin Australia's CEO says no further redundancies have been planned as a result of the airline's move into voluntary administration on Tuesday morning. Qantas will cut at least 6,000 jobs across all parts of the business as part of its long-term response to the coronavirus pandemic and will not resume substantial international travel … 26 March 2020; ... we never dreamed the world and our industry would be facing the type of challenges we all are today. Best Jobs in the UK 2021 NEW! The number amounts to around a third of jobs at its head offices around the country, but chief executive John Hutson has said no firm decision has yet been made. If BA does pull out, it would carry deeper ramifications. The company which makes the famous Ronseal “does exactly what it says on the tin” wood stain is to shut its Plymouth factory putting 45 jobs at risk after making a loss of nearly £2million. The closure of some House of Fraser stores across the UK have opened up new opportunities and foretells the High Street of the future. It estimates that around 1,500 jobs will go at Derby and a smaller site in Nottinghamshire this year. The global travel giant announced in May a plan to cut the jobs as it sought to reduce its annual overheads by 30%. As the economic impact following the global Covid-19 pandemic takes affect, many businesses, large and small, across the UK and around the world, are having to restructure, When you subscribe we will use the information you provide to send you these newsletters. The coronavirus crisis hit almost every aspect of income for the conservation and heritage charity, which has 5.6 million members, shutting all of its houses, gardens, car parks, shops and cafes, and stopping holidays and events. The big ones were operating at or very near capacity. “With business activity levels remaining below normal for the foreseeable future we must change the way we work to be as productive and flexible as we can in order to protect as many jobs as possible for the long term. The 195-year-old high street retailer announced 160 redundancies globally in May, including 108 job losses at its headquarters in Street, Somerset. Thousands of people in Britain are set to lose their jobs after a raft of companies announced plans to reduce the size of their workforce. Manchester Airports Group (MAG), which operates all three airports - and whose profits are shared by the 10 Greater Manchester councils - has also warned of 'adjustments' to roles, roster patterns and 'other employment measures' as it attempts to deal with the devastating impact of the pandemic's impact on travel habits. âCompletely unfilteredâ: How Arlo Parks found her voice, The race to create the world's next super-app, Africa's top shots: Rainy days and racetracks, Sound of Music star Christopher Plummer dies at 911, Russia expels diplomats over Navalny protests2, Woman, 95, accused over 10,000 Nazi camp murders3, Actress shares story of 'nightmare' nose surgery4, Parish council Zoom host 'surprised' by reaction5, Romania baptism death sparks calls for change6, What Biden's foreign policy 'reset' really means7, US congresswoman who supported QAnon loses key post9, Look back at Christopher Plummer's film highlights10. But the company's hotels are still almost half empty, with occupancy levels reaching only 51% in August. The chain, which has 3,500 staff, was suffering the effects of the coronavirus even before the lockdown was imposed as shoppers stayed at home. © 2021 BBC. But Virgin says the letters have been sent out “as a matter of course” and expects all members of staff to accept redeployment rather than take redundancy. The recent £1.7bn takeover of Virgin Money by the Clydesdale and Yorkshire Banking Group is expected to lead to the loss 1,500 jobs, many of which will be in senior management positions. The luxury car manufacturer is looking to axe 1,000 workers which accounts for up to 25 per cent of its workforce. The organisation, which warned in July that it might have to make people redundant to deal with the fallout from the coronavirus crisis, has said it is making 514 compulsory redundancies following consultation. This is usually your, or a family member’s, employer or health plan. 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