Category : Search result: Santander redundancies


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 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.

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.

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.

Amazon sacks UK drivers, replaces them with AI

Amazon has terminated hundreds of its UK delivery drivers, citing the success of its new AI-powered 'Project Cornucopia' logistics system. The move has sparked outrage from unions and raised serious questions about the future of employment in the age of a

AI Axes 800 Jobs at Mirror & Express Publisher Reach

Britain's largest newspaper publisher, Reach PLC, announces a drastic cost-cutting plan to replace hundreds of editorial roles with artificial intelligence, sparking fears for the future of local and national journalism.

NSW regulator lifts order blocking UTS job cuts

The University of Technology Sydney can proceed with its controversial restructure after the NSW regulator lifted its order, despite ongoing union concerns over job losses and transparency.

Atlassian Axes 5% of Staff in Major AI Restructuring

Australian tech giant Atlassian, co-founded by billionaire Mike Cannon-Brookes, is laying off 5% of its staff in a strategic pivot towards artificial intelligence, impacting hundreds of employees globally.

UK Gov approves £4.25m Welsh aid for Tata Steel workers

The UK Government has greenlit a crucial £4.25 million support package from the Welsh Government for Tata Steel workers facing redundancy in Port Talbot, marking a significant intervention in the ongoing steel crisis.

ConocoPhillips Axes 25% of UK Oil Workforce

US oil giant ConocoPhillips has announced deep cuts to its British operations, slashing a quarter of its UK workforce. The move signals a major shift in the North Sea energy landscape and raises concerns about the future of the region's oil industry.

UK Job Cuts Accelerate at Fastest Pace Since 2021

New data from the Bank of England shows British businesses slashed jobs at the most rapid rate in four years during summer 2025, amid weakening demand and persistent economic pressures.

Lotus to Cut 200 Jobs in Major Electric Vehicle Restructure

Norfolk-based sports car manufacturer Lotus is set to cut up to 200 jobs as part of a significant restructuring plan, citing a necessary strategic pivot towards an all-electric future under its Chinese parent company, Geely.

London's E-Bike Hire Firms in Parking Turf War

A turf war over parking has erupted between London's rival e-bike hire firms, with accusations of deliberately abandoning bikes at borough borders to inconvenience competitors and create maintenance chaos.

TikTok Slashes Hundreds of UK Jobs in Major Restructure

TikTok has announced a significant restructuring of its UK operations, resulting in hundreds of job losses. The move impacts sales and advertising staff as the tech giant streamlines its European business.

Santander Closing Popular 123 Bank Account

Santander announces the closure of its popular 123 current account, impacting cashback and savings for thousands of UK customers. Here's the full breakdown.

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