Massive UK job losses loom as change projects approach sign off

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Just because the economic climate is improving does not mean an end to UK job cuts and delayed job cuts could be round the corner.

According to a well informed source of mine it will actually lead to a round of massive cuts as delayed transformational projects, which include up to 30% reductions in workforce costs, are signed off.

The last year or so has seen large businesses delay huge change programmes because of the economic uncertainty.

Now as the economy is becoming more stable these projects could soon be back on the agenda.

So it is not just Public sector workers that face uncertainty but also those in the private sector.

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About this Entry

This page contains a single entry by Karl Flinders published on August 16, 2010 3:05 PM.

If Wipro wants 50% of European staff to be locals it had better get its act together. was the previous entry in this blog.

Are IT services deals increasingly moving onshore? is the next entry in this blog.

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