Broadcasting giant Sky announces plans to cut 600 UK roles in a significant restructuring effort, impacting technology and head office teams. The move aims to streamline operations and respond to evolving market demands.
Sky is cutting 600 UK jobs as part of a major operational review, shifting resources from satellite to streaming services. The move impacts technical and engineering roles amid changing viewer habits.
Ford unveils sweeping European restructuring plan, slashing 3,800 jobs across Germany and the UK to accelerate its transition to an all-electric future, with Cologne set to become an EV manufacturing hub.
Amazon announces significant layoffs within its music streaming and Twitch divisions, cutting over 100 roles in Los Angeles and Puerto Rico as part of a broader restructuring effort.
ANZ Bank has been hit with a monumental £240 million penalty for a litany of serious failures, including charging fees to deceased customers. The Federal Court condemns the bank's 'widespread' and 'systemic' misconduct.
The Australian National University faces internal turmoil as Vice-Chancellor Genevieve Bell's sudden exit triggers speculation about further leadership changes and the institution's future direction.
A prominent UK supermarket chain has unveiled plans to close a number of its stores, impacting several communities. The move is part of a strategic review to ensure long-term viability in a competitive retail market.
The UK's Financial Conduct Authority has raised a major red flag, revealing that a large portion of the nation's finance sector is dangerously reliant on outdated technology, posing a severe threat to operational resilience and consumer protection.
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.
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.
ANZ Bank announces a massive restructuring plan, slashing thousands of jobs in Australia to cut costs and boost efficiency. The move signals a major shift in the banking sector's operational strategy.
UK publishing powerhouse Reach PLC, owner of the Daily Mirror and Express, has unveiled a significant restructuring plan that could lead to 450 job cuts. The move is a strategic response to a challenging print market and rising costs, aiming to refocus on
Financial giant Standard Life Aberdeen announces 500 job cuts as part of a £75m cost-saving initiative, aiming to streamline operations and boost profitability.
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.
Exclusive investigation reveals how 3.5 million self-employed workers are left financially vulnerable with no statutory sick pay protection amid rising illness rates.
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.
American restaurant chain Smokey Bones, a direct competitor to TGI Fridays, has suddenly closed several of its UK branches. The closures are part of a major strategic review, leaving customers and staff surprised. Find out which locations are affected and
Reform UK announces radical manifesto pledge to abolish the Financial Conduct Authority's power to regulate banks, promising a bonfire of red tape for the financial sector.
Iconic accessories retailer Claire's is set to close several of its UK stores as part of a major Company Voluntary Arrangement (CVA) restructuring plan, impacting the British high street.
A controversial new regulation permits UK banks to temporarily hide key indicators of financial instability, sparking debate between consumer protection and financial stability.
Exclusive: Lloyds Banking Group launches a sweeping operational review, putting 1,600 roles under consultation while simultaneously creating 830 new positions in a strategic shift towards enhanced digital services.
Rugby Australia is battling a staggering $80m debt. The upcoming British & Irish Lions tour and a new broadcast deal are now critical to saving the sport from financial ruin.
As the UK races towards a cashless future, a growing movement of consumers, experts, and activists are pushing back. Discover the compelling financial, psychological, and societal reasons why cold, hard cash isn't ready for the history books just yet.
Major creditors have tabled a radical £20 billion restructuring plan to rescue Thames Water from administration, aiming to secure the future of Britain's largest water company and prevent a national crisis.
Exclusive research reveals the UK's rapid shift towards a cashless society, uncovering the regions and demographics leading the charge and those at risk of being left behind.
Exclusive: A major superannuation fund collapse has wiped out the life savings of thousands of Australians, sparking government scrutiny and a desperate fight for justice. Discover the full story.
Laurent Freixe, the long-serving CEO of Nestlé UK & Ireland, has been abruptly dismissed as the food giant scraps its regional management boards in a major corporate overhaul.
Exclusive: Chancellor Rachel Reeves pushes for significant losses for Thames Water's creditors in a radical restructuring plan, aiming to protect billpayers from the burden of the utility's massive debt.
Exclusive investigation reveals UK financial wellbeing app targets vulnerable low-wage workers with costly credit products, raising serious ethical concerns about the fintech sector.
US budget carrier Spirit Airlines files for Chapter 11 bankruptcy, its second filing in 11 years, as it grapples with mounting debts and fierce industry competition, casting uncertainty over its future operations.