One in three UK firms expect to cut jobs by autumn, poll finds
by Jasper Jolly from Economics | The Guardian on (#56QG7)
Survey of 2,000-plus employers suggests wave of job losses will hit when furlough scheme ends
As many as a third of UK employers expect to cut jobs by October, according to a survey that suggests that the economic impact of the coronavirus pandemic will accelerate in the coming weeks.
About 33% of more than 2,000 companies, charities and public sector bodies in the poll said they expected to make redundancies in the third quarter of 2020, according to figures from the Chartered Institute of Personnel and Development (CIPD) and Adecco Group, a staffing company.
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