Holiday Layoffs Planned by a Third of US Companies
A new survey finds 33% of business leaders plan staff cuts between Thanksgiving and New Year, with many admitting the brutal timing was avoidable. Discover the data and its human impact.
Category : Search result: cost cuts
Royal Shakespeare Company announces 11% staff cuts
The Royal Shakespeare Company plans to reduce its workforce by 11% and merge costume departments to address a £5-6m shortfall. Read the full story on the theatre's financial challenges.
Victoria Plans 10% Public Service Staff Cost Cuts
The Victorian government announces a plan to cut public service staff costs by 10% to save A$1.6 billion. Learn the details and potential impacts of this major austerity measure.
Senate Estimates Exposes Australia's Fiscal Outlook
Key ministers face intense questioning in Senate Estimates over the national fiscal outlook, cost-of-living pressures, and public service cuts. Get the latest details.
Mum charges family for Christmas dinner
A Rotherham mother explains why she charges adults £20 and children £10 for her 'luxury' Christmas meal, sparking intense debate online about festive hosting costs.
National Express owner Mobico cuts jobs in cost drive
Mobico, owner of National Express, is cutting back-office jobs across its UK operations in a major cost-saving drive as annual profits are set to miss targets. Read the full details.
Brits save £1,411 by cutting costs
Households are making savvy financial switches, saving an average of £1,411 this year to combat the cost-of-living crisis. Discover the top 20 ways Brits are cutting back.
WHO to lose nearly a quarter of its workforce by 2026
Massive WHO staff cuts of nearly 25% will severely impact global health security and disease outbreak response, experts warn. The world faces increased health risks.
CSIRO cuts 350 jobs in major blow to Australian science
Australia's national science agency CSIRO announces up to 350 job cuts, described as 'worst cuts ever seen' and a 'sad day for publicly funded science'.
Australia's $140bn Tax Cut Crisis Sparks Budget Fury
Australia faces budget turmoil as $140bn stage-three tax cuts spark political warfare. PM Anthony Albanese defends controversial reforms amid mounting pressure.
US Companies Break Holiday Layoff Taboo Amid AI Push
The long-standing corporate taboo of holiday season layoffs is being shattered as US firms embrace cost-cutting and AI-driven workforce reductions, creating a chilling new trend in employment practices.
ITV implements major cost-cutting across TV shows
ITV implements dramatic cost-saving measures affecting production values and talent fees across its programming, as the broadcaster faces economic pressures.
Asda cuts prices on 500+ essentials permanently
Asda announces major price cuts on hundreds of household essentials as part of their new 'Fair For All' pricing strategy, helping millions of customers combat rising living costs.
Reeves' Tax Gamble: Budget Amid Cost of Living Crisis
Chancellor Rachel Reeves faces mounting pressure as her first budget approaches, with experts questioning whether income tax cuts can truly alleviate Britain's deepening cost of living pressures.
Full English Breakfast Costs Soar: Cafe Crisis Deepens
The iconic Great British fry-up faces unprecedented price hikes as eggs, sausages, tea and bread costs skyrocket, putting traditional cafes at risk under Starmer's government.
Tesco cuts prices on 700 products in £120m initiative
Tesco announces major price cuts across 700 everyday products as part of £120 million investment to help UK shoppers combat rising living costs during inflation crisis.
Supermarket cuts prices on 200+ essentials in cost battle
A leading UK supermarket has launched dramatic price cuts on over 200 everyday items, bringing relief to shoppers struggling with rising food costs. The strategic move targets staples including bread, milk, and fresh produce.
Autumn Budget: Benefits Cuts and Tax Rises Loom
Exclusive analysis reveals Rachel Reeves's first major fiscal event may deliver painful welfare reforms and tax increases as Labour confronts economic challenges.
90% of UK households slash spending amid bill crisis
New Which? research reveals nearly 90% of British households are cutting back on essentials amid the ongoing cost of living crisis, with energy and food prices hitting hardest.
Canada's recession budget imposes austerity measures
The Canadian government has unveiled a stark austerity budget featuring sweeping spending cuts and tax increases as the nation confronts its first recession in over a decade. Key public services face significant reductions while households brace for finan
AGL Energy axes hundreds of jobs in major restructure
Australian energy giant AGL announces sweeping job cuts affecting hundreds of positions as part of dramatic cost-cutting measures and strategic overhaul.
Fish & Chip Prices Soar 25% in Cost Crisis
Traditional British fish and chips could become an unaffordable luxury as prices surge by over 25% amid the ongoing cost of living squeeze, new research reveals.
Halloween Candy Prices Soar Amid Tariffs & Climate Issues
British families face frightening Halloween candy costs as Trump tariffs and climate change create the perfect storm for price surges. Discover why your treats are getting terrifyingly expensive.
UPS cuts 250 Wall Street jobs in cost-saving shake-up
Global delivery giant UPS announces sweeping job cuts affecting 250 Wall Street positions as part of dramatic cost-reduction strategy amid economic pressures.
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.
Britons prioritise gyms amid cost of living squeeze
New data reveals millions are cancelling streaming services and switching to budget supermarkets while prioritising gym memberships amid economic pressures
Co-op cuts prices on 50 essential grocery items
The Co-op has launched dramatic price cuts on 50 everyday essentials including bread, milk and fresh produce to help struggling families during the cost of living crisis.
Boots cuts prices on 70+ essential products
High street pharmacy giant Boots has launched a dramatic price cut campaign, reducing costs on over 70 everyday essentials including baby products, healthcare items and toiletries to help struggling families.
Target Plans Thousands of Job Cuts Amid Stagnant Sales
American retail colossus Target reveals plans to cut thousands of corporate positions in strategic cost-cutting move following disappointing sales performance and changing consumer habits.
Electric Blanket Running Costs: Beat Winter Bills
Discover how heated throws and electric blankets could slash your winter energy bills while keeping you cosy. We reveal the real running costs and money-saving potential.
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