Almost Half Of UK Employers Plan Job Cuts

Almost Half Of UK Employers Plan Job Cuts, employers take the advantage of recession and bad economy or they really have to cut jobs?

-Almost half (46%) the organisations said they plan to make work cutbacks in the next few months, compared to 38% who made headcount reductions between the summer and mid-November last year

– The proportion of organisations planning reductions that expect to cut more than 10% of their employees is due to double to 22%

– More than half (55%) of the organisations with more than 10,000 employees expect to make reductions in the next few months

– 55% said that they were experiencing skills shortages, with the key areas of demand being managerial, operations and IT.

– 70% report that the UK still has a long-term skills problem.