BMW plans to reduce its workforce by up to 8,000 positions globally by 2027, primarily targeting office jobs in Germany through natural turnover and voluntary redundancy, sparing production line workers.
Hannah and Max, a married couple, maintain a strict 50/50 approach to their finances, pooling salaries and splitting personal spending. This system was tested when Max faced redundancy, leading him to invest his package into a pizza truck business, a decision made jointly with Hannah after careful financial planning.
Hannah and Max, a couple who always split finances 50/50, successfully navigated Max's redundancy by relying on Hannah's salary and launching Max's pizza truck business. Their open communication about money, despite differing backgrounds, helped them manage expenses and invest in the new venture.
John Lewis is considering closing its in-store money exchange and gift wrapping services, a move that could lead to around 200 job losses. The retailer cites falling demand for foreign currency exchange and a shift towards online orders and digital payments. Gift wrapping services are proposed to be moved to tills. Affected staff will be consulted.
UK universities and schools are cutting language courses, risking social mobility and vocational skills. Experts warn this disproportionately affects working-class students, who may find it harder to access elite universities through language degrees due to lower entry requirements and less competition.
Unite union alleges PeopleCert, owner of City & Guilds, has been dishonest about plans to cut ~400 UK jobs, withholding info and hiring externally. Investigations are ongoing into the controversial sale and executive bonuses.
UK universities may cut hardship support and outreach for disadvantaged students due to severe funding issues. Over two-thirds of vice-chancellors are considering job cuts, with many also looking at mergers.
University of Nottingham to cut over 600 academic and support posts due to financial constraints, sparking opposition from staff and concerns over institution's future
