Businesses across the UK planned more than 300,000 redundancies in June and July as coronavirus wreaked havoc on the economy, new figures have revealed today.
The crisis hammered UK firms as 1,888 British employers planned 156,000 job cuts in June, a sixfold increase on June 2019.
Some 1,784 firms made plans to cut nearly 150,000 jobs in July – almost a sevenfold increase on July 2019 – according to an FOI by the BBC.
The lay-offs have continued as Virgin Atlantic announced more than 1,000 additional job cuts on Friday, becoming the latest company to lay off large numbers of people.
It joined Costa to bring the total number of jobs lost in major redundancies to 2,800 last week alone.