Nick Ferrari 7am - 10am
UK firms cut almost 4,500 jobs during first few days of August
4 August 2020, 17:17
The coronavirus pandemic has battered the UK economy since it arrived in early 2020, with a further 4,500 job cuts announced during the first few days of August as the furlough scheme starts to wind down.
No sector has been left untouched by the huge economic impact of the coronavirus pandemic.
In the last few days, Dixons Carphone, Pizza Express, Hays Travel and DW Sports have all announced major redundancies, or plans that could put hundreds of jobs at risk.
It comes as many businesses have to decide whether to keep staff who have been on furlough on their books as the Government’s coronavirus job retention scheme starts to unwind.
The latest figures show that more than 26,000 jobs were lost in July.
This is only slightly less than in June, when almost 30,000 jobs were lost at British employers.
In May, around 36,000 job losses were announced.
Here is the full list of all major potential job losses announced since March 23:
The list of job losses only counts the biggest job cuts that have been announced to the public. Thousands more positions have likely been lost at smaller firms.
August 4 - Dixons Carphone - 800
August 4 - Pizza Express - 1,100 at risk
August 3 - Hays Travel - up to 878
August 3 - DW Sports - 1,700 at risk
July 30 - Pendragon - 1,800
July 29 - Waterstones - unknown number of head office roles
July 27 - Oak Furnitureland - 163 at risk
July 23 - Dyson - 600 in UK, 300 overseas
July 22 - Mears - fewer than 200
July 20 - Marks & Spencer - 950 at risk
July 17 - Azzurri Group (owns Zizzi and Ask Italian) - up to 1,200
July 16 - Genting - 1,642 at risk
July 16 - Burberry - 150 in UK, 350 overseas
July 15 - Banks Mining - 250 at risk
July 15 - Buzz Bingo - 573 at risk
July 14 - Vertu - 345
July 14 - DFS - up to 200 at risk
July 9 - General Electric - 369
July 9 - Eurostar - unknown number
July 9 - John Lewis - 1,300 at risk
July 9 - Burger King - 1,600 at risk
July 7 - Reach (owns Daily Mirror and Daily Express newspapers) - 550
July 6 - Pret a Manger - 1,000 at risk
July 2 - Casual Dining Group (owns Bella Italia and Cafe Rouge) - 1,909
July 1 - SSP (owns Upper Crust) - 5,000 at risk
July 1 - Arcadia (owns TopShop) - 500
July 1 - Harrods - 700
July 1 - Virgin Money - 300
June 30 - Airbus - 1,700
June 30 - TM Lewin - 600
June 30 - Smiths Group - "some job losses"
June 24 - Jet2 - 102
June 24 - Swissport - 4,556
June 24 - Crest Nicholson - 130
June 23 - Shoe Zone - unknown number of jobs in head office
June 19 - Aer Lingus - 500
June 17 - HSBC - unknown number of jobs in UK, 35,000 worldwide
June 15 - Jaguar Land Rover - 1,100
June 15 - Travis Perkins - 2,500
June 12 - Le Pain Quotidien - 200
June 11 - Heathrow - at least 500
June 11 - Bombardier - 600
June 11 - Johnson Matthey - 2,500
June 11 - Centrica - 5,000
June 10 - Quiz - 93
June 10 - The Restaurant Group (owns Frankie and Benny's) - 3,000
June 10 - Monsoon Accessorise - 545
June 10 - Everest Windows - 188
June 8 - BP - 10,000 worldwide
June 8 - Mulberry - 375
June 5 - Victoria's Secret - 800 at risk
June 5 - Bentley - 1,000
June 4 - Aston Martin - 500
June 4 - Lookers - 1,500
May 29 - Belfast International Airport - 45
May 28 - Debenhams (in second announcement) - "hundreds" of jobs
May 28 - EasyJet - 4,500 worldwide
May 26 - McLaren - 1,200
May 21 - Clarks - 900
May 20 - Rolls-Royce - 9,000
May 20 - Bovis Homes - unknown number
May 19 - Ovo Energy - 2,600
May 19 - Antler - 164
May 15 - JCB - 950 at risk
May 13 - Tui - 8,000 worldwide
May 12 - Carnival UK (owns P&O Cruises and Cunard) - 450
May 11 - P&O Ferries - 1,100 worldwide
May 5 - Virgin Atlantic - 3,150
May 1 - Ryanair - 3,000 worldwide
April 30 - Oasis Warehouse - 1,800
April 29 - WPP - unknown number
April 28 - British Airways - 12,000
April 23 - Safran Seats - 400
April 23 - Meggitt - 1,800 worldwide
April 21 - Cath Kidston - 900
March 31 - Laura Ashley - 268
March 30 - BrightHouse - 2,400 at risk
March 27 - Chiquito - 1,500 at risk.
Labour shadow home sec recommends rich to pay for furlough of workers
According to figures published by the Office for National Statistics (ONS) last month, the number of workers on company payrolls in the UK fell by 649,000 between March and June.
According to statistics published on Tuesday, the Government has supported the payrolls of around 9.6 million workers in the UK through the furlough scheme.
Around 1.2 million employers are currently using the furlough scheme, which has cost £33.8 billion to date.
However, as furlough unwinds from the beginning of this month, and comes to an end in October, experts are worried that the furlough scheme could be masking a big drop in employment that is yet to come.