UK services sector job cuts continue as companies automate, PMI survey shows
by Tom Knowles from on (#73BAF)
Longest period of job shedding' in 16 years taking place as business activity grows at fastest rate since August
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Companies in the UK's services sector cut jobs last month, as they turned to automation" rather than hiring new staff, a closely watched survey showed.
The monthly purchasing managers' index showed employment numbers fell more sharply in January compared with December, continuing a trend that started in October 2024.
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