Job cuts loom as survey reveals a third of employers may cut staff
A survey found that larger companies are more inclined to lay off staff than smaller firms (PA)
New research indicates that one in three employers in the UK are planning staff redundancies by early 2027.
A survey of 1,000 businesses by the conciliation service Acas found that larger companies are more likely to implement job cuts than smaller firms.
Kevin Rowan, Acas’s director of dispute resolution, urged organisations to explore all alternatives before resorting to redundancies and highlighted legal obligations for employers.
He warned that failing to consult staff early could lead to a “costly legal process” for businesses.
This news follows reports of significant job cuts at major UK companies, including BBC News, where up to 2,000 jobs are reportedly at risk as part of a 15 per cent cost-cutting plan.