Target's Zoom layoff blunder sparks corporate outrage
US retail giant Target faces backlash after conducting mass redundancies via Zoom, with employees discovering their fate through impersonal group video calls in latest corporate misstep.
Category : Search result: Santander redundancies
UK Banking Crisis: Customers Report Empty Accounts
Thousands of British banking customers face financial chaos as Santander, Barclays and Halifax experience severe technical failures causing accounts to show zero balances and disappearing transactions.
CBS News announces major staff cuts amid media downturn
American broadcaster CBS News becomes latest media organisation to announce significant layoffs, continuing troubling trend across journalism sector amid economic pressures.
Lloyds & Santander Face Treasury Car Finance Probe
Exclusive: The Treasury Committee intensifies its investigation into discretionary commission arrangements, now targeting major banks including Lloyds and Santander over car finance practices.
Santander demands government intervention in car finance crisis
Banking giant Santander calls for urgent government action as compensation claims threaten to overwhelm the UK car finance industry, warning of severe market disruption.
Santander Faces UK Government Crackdown Over Spanish Control
Santander UK confronts potential government intervention as Spanish financial watchdog seeks unprecedented control over British banking operations, raising sovereignty concerns.
Amazon to cut 14,000 UK jobs in massive layoffs
Retail giant Amazon is preparing to slash up to 14,000 positions across its UK operations in one of the largest corporate layoffs in recent British history, targeting roles from warehouses to corporate offices.
Amazon axes hundreds more UK jobs in new cuts
Amazon continues its global workforce reduction with significant cuts to its UK operations, affecting hundreds of employees across multiple divisions including its streaming and Alexa teams.
Mortgage Rate War: Lenders Slash Costs
Barclays, HSBC and Santander lead charge with significant mortgage rate reductions, offering relief to borrowers amid shifting economic landscape. Find out which deals could save you thousands.
Santander's £100 Account Bonus: How to Claim
Santander is offering new customers £100 cash to switch to their Edge current account. Discover the simple steps to claim this limited-time banking bonus and the key requirements you need to meet.
Santander to shut 140 UK branches in digital shift
Major banking giant Santander announces sweeping branch closures across Britain, citing dramatic shift to digital banking and changing customer habits.
Barclays, Tesco Bank and Lloyds Cut Hundreds of Jobs
Major UK banks including Barclays, Tesco Bank and Lloyds Banking Group announce significant job cuts and branch closures as digital transformation accelerates across the banking sector.
UK Banks Investigated Over Motor Finance Commissions
Major British banks including Barclays, Lloyds and Santander face regulatory scrutiny over controversial motor finance commission arrangements that could trigger significant compensation payouts.
UK Unemployment Hits 4.3%, Highest Since 2023
Britain's unemployment rate climbs to 4.3% as job losses accelerate across multiple sectors, marking the highest level since 2023 and signalling growing economic headwinds.
Santander closing 76 UK bank branches in digital shift
High street banking giant Santander announces closure of 76 branches across the UK, affecting hundreds of jobs as customers move online. Find out if your local branch is affected.
Microsoft AI Replacing UK Jobs Sparks Employment Crisis
Exclusive investigation reveals Microsoft's aggressive AI implementation is causing significant workforce reductions across its UK operations, raising concerns about the future of employment in the tech sector.
Halifax, Lloyds & Santander cut 1,100+ banking jobs
Major UK banks Halifax, Lloyds and Santander announce significant job cuts affecting more than 1,100 positions while creating nearly 500 new roles in evolving banking sectors.
Major UK banks hit by payment system outage
Millions of UK banking customers faced payment chaos as major high street banks including Lloyds, Barclays and Santander experienced significant technical failures, leaving many unable to send or receive money.
Man Utd Job Cuts Begin Under Ratcliffe Reign
Manchester United's new era under Sir Jim Ratcliffe begins with sweeping job cuts as INEOS targets £60m savings, sparking staff anxiety at Old Trafford.
Man Utd staff face axe in Ratcliffe revolution
Exclusive: Manchester United face significant structural changes as Sir Jim Ratcliffe's INEOS begins implementing cost-cutting measures that could see hundreds of jobs axed at Old Trafford.
Santander CEO's remote work sparks double standards row
Exclusive: Santander UK's CEO Mike Regnier works remotely for two weeks while thousands of employees are ordered back to the office, creating a major 'double standards' controversy in the banking sector.
Santander and Nationwide Clash Over Bank Account Switching
High street banking giants Santander and Nationwide are at odds over a proposed overhaul of the UK's current account switching service, a move that could significantly alter how customers change banks.
NHS Job Cuts Crisis: ICBs Axe Hundreds of Posts
Exclusive: NHS England's new Integrated Care Boards are cutting hundreds of jobs despite promises of improved healthcare, triggering union outrage and patient safety concerns as financial pressures mount.
Royal Shakespeare Company urges staff to take redundancy
The prestigious Royal Shakespeare Company is grappling with a severe financial crisis, urging staff to consider voluntary redundancy. The iconic theatre, a cornerstone of British culture, faces a perfect storm of rising costs and reduced income, putting i
ANU Abandons Forced Job Cuts in Major Policy Reversal
The Australian National University has scrapped its controversial compulsory job cuts programme following fierce opposition from staff and unions. The landmark decision marks a significant shift in the university's restructuring plans.
Amazon Slashes Hundreds of Jobs in UK and Global Restructure
Amazon announces significant job cuts across its Prime Video and MGM Studios divisions, impacting hundreds of employees in the UK and US in a strategic shift towards profitability.
BHP Cuts 750 Queensland Coal Jobs in Major Restructuring
Mining giant BHP announces the slashing of 750 jobs at its central Queensland metallurgical coal mines, citing operational reviews and a shift towards automation, sparking concerns for the local economy.
UK Jobs Market Warning: Critical Indicator Hits 4-Year High
A major warning signal in the UK jobs market has surged to its highest level in four years, sparking serious concerns about the health of the employment sector and the broader economy.
Pharma Giant Cuts 9,000 Jobs in Major Restructure
A major pharmaceutical multinational has announced a drastic cost-cutting plan, putting 9,000 roles at risk globally. The move signals deepening turmoil within the industry, raising concerns for the UK's strategic life sciences sector.
ANZ and NAB Slash Hundreds of UK Banking Jobs in Major Restructure
Exclusive: Two of Britain's leading banks, ANZ and National Australia Bank, announce significant job cuts as part of a major operational restructuring, affecting hundreds of UK banking staff.
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