Redundancies stories

New research reveals 39% of UK firms made AI-driven redundancies, with over half now regretting these decisions amid workforce and productivity concerns.

A study reveals 86% of Professional Services firms find mergers slow due to outdated finance systems, urging tech upgrades for smoother integration and growth.

A Dojo report reveals that despite financial pressures, 79% of UK tech SMEs expect revenue and profit growth in 2024, backed by average borrowing of GBP £95,000.

Onyxia Cyber launches AI-driven predictive cybersecurity engine, OnyxAI, offering advanced security analysis and proactive risk management for chief information security officers.

Despite 82% of businesses aggressively investing in AI, half remain unsure about its real business impact and integration roadmap, according to a report by Orgvue.

On International Women's Day 2024, women are urged to harness moments of vulnerability and change to drive personal and professional growth, challenging fears and embracing innovation.

UK workers' confidence in business growth dampened by cost of living pressures, with 72% optimistic for 2024, compared to 89% of employers.

The UK job market faced a slump in late 2023 amid economic unrest, leading to a reduced number of vacancies but an increased demand for skilled labour, says the latest KPMG and REC report.

New Zealand's largest businesses are feeling the brunt of economic pressures, with double the redundancy rate of SMEs, says BELR.

Australian industries are on the cusp of a significant transformation, with artificial intelligence (AI) poised to reshape job roles across various sectors.

Vodafone has offered the bulk of its staff voluntary redundancy with rumours saying it aims to drop as many as 400 of its 2700 employees.

Telstra to cut 8,000 jobs in restructuring plan, but Communications Workers Union accuses company of prioritising short-term profits over long-term services.

Ingram Micro NZ restructures post-Connector Systems acquisition; MD Gary Bigwood denies large-scale redundancies, citing strategic role shifts instead.

Australia’s Community and Public Sector Union (CPSU) has confirmed Telstra plans to cut over 100 jobs, sending the work overseas.

It has been rumoured that employees of HPE NZ could be facing redundancy due to the HPE Next initiative introduced by Meg Whitman last year.

The industry body that helped fund a major study to reform the red meat sector has damned with faint praise the resulting report from the Meat Industr.

Qantas Airways, Australia biggest airline, lifted revenue on trans-Tasman routes by 18 percent last year amid increased traffic flows.

Tech giant makes changes within its Australian workforce, cutting back on its channel sales director for the region.

Telecom’s strategic review of Gen-i Australia slashes 120 jobs, focusing on large corporate customers amid revenue dip and past scandals.

Over a third of businesses are currently hiring with 82% expecting to do so within the next six months, says a new report.