Companies across Britain have seen their revenues decimated by the impact of the Covid-19 pandemic – and many have begun to announce job cuts ahead of the closure of the Government’s job retention scheme in October.
Below is a list of the companies that have axed jobs in the UK since the coronavirus crisis. In total, 131,589 jobs have been lost or are at risk. This does not include a number of companies that have warned of redundancies but have yet to put a figure on them.
Antler – 164 jobs
Luggage retailer Antler fell into administration in May, cutting 164 jobs of a 199-strong workforce. Administrators said Antler had been “profoundly impacted” by the coronavirus pandemic.
Accenture – 900 jobs
Consultancy firm Accenture is planning to axe up to 900 jobs in the UK as the firm tries to cut costs to deal with the fallout from coronavirus.
Accenture is a US firm headquartered in New York, but it employs more than 10,000 people in the UK.
Airbus – 1,700 jobs
Airbus is to cut 15,000 jobs globally as the plane-maker slashes staff numbers to match the collapse in demand for new aircraft. Of these jobs, some 1,700 will go in the UK.
Guillaume Faury, Airbus chief executive, said: “Airbus is facing the gravest crisis this industry has ever experienced.”
Alexander Dennis – 650 jobs
Alexander Dennis Limited (ADL), Britain’s largest bus maker, announced that the significant decline in UK demand for new buses and coaches had forced it to initiate a restructuring programme which places up to 650 jobs at risk.
Arcadia – 500 jobs
Sir Philip Green’s retail empire Arcadia is slashing 500 roles from its 2,500-strong head office workforce to help it weather the Covid storm.
Aston Martin – 500 jobs
Aston Martin is preparing to cut 500 jobs as the carmaker restructures under its new management.
BBC – 520 jobs
The BBC is to cut 520 jobs across its English regional TV news and current affairs, local radio and online news.
The broadcaster said it would cut roughly 15pc of its BBC England team, as it seeks to bolster its balance sheet amid the coronavirus crisis.
Bentley Motors – 1,000 jobs
Bentley Motors is seeking to lay off up to 1,000 staff – almost a quarter of its workforce – through a voluntary redundancy programme in return for a severance payment.
Bombardier – unknown
Bombardier is to axe 2,500 jobs as the aerospace industry reels from a collapse in flights worldwide. Hundreds of roles are thought to be at risk in Northern Ireland, where Bombardier has 3,500 staff and is the country’s largest manufacturer, however the Canada-based company said the majority of redundancies will be in its home nation.
Boots – 4,000 jobs
High street pharmacy chain Boots has said it plans to cut more than 4,000 jobs in a bid to mitigate the “significant impact” of Covid-19. It plans to restructure its head office and store teams and close 48 Boots Opticians stores.
BP – at least 10,000 jobs
BP will dispense with more than 10,000 jobs this year as low oil prices bite and the energy titan accelerates its switch to green power.
Bernard Looney, the company’s chief executive, told staff that 15pc of the firm’s global workforce is to be laid off following a collapse in the oil price that has left the industry reeling. How many of these roles are in the UK is unknown.
British Airways – up to 12,000
British Airways is to shed as many as 12,000 jobs after plunging to its worst ever quarterly loss and admitting air travel will take years to recover from a global collapse.
Irish airline Aer Lingus, which is also part of IAG, along with BA and Iberia, has been forced to cut 900 jobs.
Burberry – 500 jobs
Burberry has said it will streamline front-office and certain retail functions to cut costs, including the loss of 500 jobs, after global lockdowns caused sales to fall by almost half in the latest three months.
Burger King – 1,600 jobs
The boss of Burger King UK has warned that the economic damage triggered by the coronavirus pandemic may push the fast food chain to permanently shut up to 10pc of its restaurants, resulting in the loss of 1,600 jobs.
Buzzfeed – unknown
In May, BuzzFeed closed its news operations in the UK and Australia as part of further cutbacks aimed at minimising losses amid a massive drop in advertising revenues. Ten staff in Britain and four in Australia have been furloughed and their future remains unclear.
Byron – 1,200 jobs
Burger chain Byron is poised to fall into administration as it races to find a buyer who can stave off a collapse, with 1,200 jobs at risk. Byron is one of many casual dining chains to fall on hard times during the coronavirus pandemic after struggling to obtain financial support through the Treasury’s emergency loan schemes.
Carnival – 450 jobs
Cruise giant Carnival UK has announced plans to make a “large number of redundancies” in Southampton as it grapples with the havoc the coronavirus outbreak is wreaking on the travel industry.
The company employs approximately 1,100 people in and around Southampton. Although Carnival declined to reveal the number of people who may lose their jobs, local media have reported that 450 roles are under scrutiny.
Casual Dining Group – 1,900 jobs
More than 1,900 jobs have been lost after the owner of Café Rouge and Bella Italia fell into administration leading to the permanent closure of 91 restaurants.
Cath Kidston – 900 jobs
More than 900 staff at Cath Kidston lost their jobs after the retailer said in April that it was closing all 60 UK stores.
Chief executive Melinda Paraie said: “Despite our very best efforts, against the backdrop of Covid-19, we were unable to secure a solvent sale of the business which would have allowed us to avoid administration and carry on trading in our current form.”
Celtic Manor Resort – 450 jobs
The Celtic Manor Resort and the International Convention Centre Wales will make 450 workers redundant due to the “catastrophic effect” of the coronavirus pandemic.
Centrica – 5,000 jobs
In June, British Gas owner Centrica announced the loss of 5,000 jobs at the energy giant this year. More than half of the job losses will come from the business’s leadership roles, as Centrica revealed it would strip out three layers of middle managers, in a bid to cut bureaucracy.
Clarks – 900 jobs
Shoe chain Clarks is preparing to slash 900 corporate roles, which will be partially offset by the creation of 200 new jobs.
Deutsche Bank – unknown
Deutsche Bank, one of the City’s largest employers, said it was ploughing ahead with its plans to cut 18,000 jobs despite the coronavirus pandemic. Half of these cuts will be in Germany, and it is not known how many will fall in the UK.
DHL – 2,200 jobs
German courier service DHL has announced that it will be slashing up to 2,200 jobs in its UK division which is responsible for doing logistics for Jaguar Land Rover. According to the Unite union, two in five of the entire workforce employed by DHL on the JLR logistics contract face redundancy, across full-time, salaried and agency staff on the contract. The cuts are expected to affect workers at the Solihull and Castle Bromwich car plants.
Dixons Carphone – 800 jobs
The Currys PC World owner has announced it will slash 800 jobs in a bid to weather the pandemic. The retailer is taking aim at 800 store manager roles to slim down the business. The move comes just four months after it said all its 531 standalone Carphone Warehouse shops would shut.
DW Sports – 1,700 jobs
Fitness chain DW Sports has called in administrators after being starved of income during the coronavirus lockdown, putting 1,700 jobs under threat.
EasyJet – 1,900 jobs
EasyJet is axing 1,900 jobs in the UK, including 727 pilots and 1,200 cabin staff. The FTSE 250 company is pushing the cuts through as part of plans to lay off nearly one in three of its 15,000 workers.
Ryanair has also warned it may cut 3,000 jobs as it wrestles with the devastating impact of coronavirus, however most of these will be in Ireland.
Economist Group – unknown
The Economist Group announced in May that it was laying off 90 employees, around 7pc of its total workforce, to address the drop in revenues caused by the Covid-19 pandemic. It is not known how many are in the UK.
G4S – 1,000 jobs
British multinational security services company G4S is planning to cut around 1,000 jobs from its struggling cash-handling business. The G4S branch has been harmed by the recent trend away from using notes and coins, which has accelerated during the coronavirus pandemic.
General Electric – 369 jobs
General Electric is to cut 369 jobs at its aircraft engine maintenance plant in south Wales. The company, which makes jet engines for Boeing and Airbus, blamed the “unprecedented impact of Covid-19”.
Global Media – unknown
According to reports, British media firm Global Media – parent company of radio stations Capital, LBC, Heart, and others – has told staff that there will be substantial job cuts due to the pandemic with redundancies across many areas.
Grant Thorton – 70 jobs
Facing a 20pc fall in profits, professional services firm Grant Thornton cut 70 jobs in the firm’s tax and consulting divisions, having refused to take advantage of the Government’s job retention scheme.
Guardian – 180 jobs
The Guardian has plans to make job cuts in both editorial and commercial roles, due to the economic shock caused by the coronavirus pandemic. The proposals could affect up to 180 jobs – 110 in departments such as advertising, Guardian Jobs, marketing roles, and the Guardian Live events business, with 70 coming from editorial.
Harrods – 680 jobs
Harrods is poised to make almost 700 staff members redundant after the luxury department store conceded it has struggled because of the coronavirus pandemic.
In an email circulated to staff, Harrods chief executive Michael Ward said 680 jobs out of its 4,800-strong workforce – around 14pc – will be lost.
Harveys – 1,330 jobs
Furniture retailer Harveys has collapsed into administration, putting around 1,330 jobs at risk.
The company’s sister business Bensons for Beds also called in administrators but was immediately bought back by its owner through a so-called pre-pack rescue deal where it is shorn of debts.
Hays Travel – 878 jobs
The bosses of Britain’s biggest independent travel agent called on Boris Johnson to save summer by restarting flights to the Spanish islands as they cut up to a fifth of their 4,500-strong workforce. Hays Travel owners John and Irene Hays said some of the 878 jobs at risk could be saved if the Government introduces “regional travel corridors” to the Spanish islands.
Heathrow Airport – up to 25,000 jobs
Heathrow Airport chief John Holland-Kaye said that a third of the 76,000 people employed at the airport could be made redundant as it battles to stem losses following a huge collapse in air travel.
HSBC – unknown
HSBC is resuming a massive redundancy plan that had been put on pause after the outbreak of coronavirus, with 35,000 jobs set to be cut worldwide.
Jaguar Land Rover – 1,100 jobs
Jaguar Land Rover plunged to a half-a-billion pound loss in the first three months of the year after sales fell by a third. As a result, 1,100 jobs will be lost.
JCB – 950 jobs
JCB is set to axe up to 950 jobs, or 15pc of its UK workforce, after demand for its diggers halved since the coronavirus pandemic began.
John Lewis – 1,300 jobs
John Lewis will permanently close eight of its department stores, putting 1,300 workers at risk.
Johnson Matthey – 2,500 jobs
Manufacturer Johnson Matthey is cutting almost 10pc of its workforce, around 2,500 roles, as it battles the coronavirus downturn.
The redundancies announced alongside its annual results represent more than a sixth of the FTSE 100 company’s workforce going over the coming three years.
Kier – unknown
Construction firm Kier has announced more job cuts as the financial impact of the coronavirus pandemic has reduced revenue and raised net debt. The contractor expects to reduce costs by £100m by next June. It had previously been looking to reduce costs by £65m by next June, the majority of which comes from cutting 1,200 jobs. The company has not confirmed how many extra jobs have been lost.
Le Pain Quotidien – 200 jobs
The British arm of the bakery chain Le Pain Quotidien was sold in a pre-pack deal that cost 200 jobs.
Laura Ashley – 2,700 jobs
Laura Ashley filed for administration in March after the struggling retailer failed to secure £15m of emergency cash to stay afloat, putting around 2,700 jobs at risk. Laura Ashley blamed coronavirus for its decision.
LinkedIn - 960 jobs
The employment networking site, owned by Microsoft, has announced that it will cut 960 jobs, equivalent to around 6pc of its global workforce. The company stated that reduced demand for its recruitment products as a result of coronavirus was the primary motivation behind the decision.
Luton Airport – 250 jobs
The airport, London’s fourth largest, has started consultations with unions to sack 250 jobs – almost 30pc of its workforce – after forecasting a 70pc drop in passenger numbers this year because of the coronavirus pandemic.
Manpower UK – unknown
Recruiter Manpower UK has warned that job cuts among its own 1,800 staff are looming as Covid-19 shatters the employment market.
Mark Cahill, its UK boss, said that the firm, which has placed “hundreds” of its staff in the Government’s coronavirus job retention scheme, could be forced to shed workers as support for employers starts to be wound down at the end of next month.
Marks & Spencer – 950 jobs
Marks & Spencer has said it could slash 950 roles in a bid to slim down the business. The retailer will remove roles that are similar to each other to have a more flexible management structure, it said. The cuts will affect employees in property, the back-end operations as well as store managers.
McLaren – 1,200 jobs
Woking-based supercar and Formula 1 racing business McLaren announced in May that more than a quarter of its workforce, around 1,200 jobs, will be slashed. McLaren has been particularly hard hit because the pandemic has halted the Formula 1 racing season, which accounts for a large chunk of its earnings.
Monsoon Accessorize – 500 jobs
Fashion chain Monsoon Accessorize is to make more than 500 staff redundant after being bought out of administration.
Around 450 jobs have been transferred to new group company Adena Brands, while 35 shops have permanently closed with the loss of 545 jobs.
Mulberry – 500 jobs
Almost 500 jobs are at risk at Mulberry as it takes drastic measures to slash costs during the coronavirus crisis.
The upmarket handbag maker said it was being forced to cut staff because the pandemic had hit demand for its products while retail remains closed in the UK.
News UK – unknown
Rebekah Brooks, chief executive of News UK, wrote to staff on the Sun and the Times titles to announce that “in the coming months, we will need to streamline the business and take some tough decisions, saying goodbye to some valued and talented colleagues”. It is not known exactly how many staff will be let go.
Oasis and Warehouse – 1,800 jobs
Oasis and Warehouse were bought out of administration by Hilco in April, resulting in 1,800 UK job cuts.
Ovo Energy – 2,600 jobs
The UK’s second largest energy supplier is planning to cut 2,600 jobs following its merger with SSE.
P&O Cruises – 4,000 jobs
Almost 4,000 jobs at P&O Ferries are under threat as the 180-year-old firm teeters on the brink of collapse. The ferry company’s Dubai owner is scrambling to agree a £250m rescue deal that will include cuts to staff’s wages and pensions alongside a Government bailout.
Pendragon – 1,800 jobs
Car dealership giant Pendragon has announced plans to cut 1,800 jobs as it looks to close stores and streamline its operations in the wake of the Covid-19 pandemic. The firm said the virus and subsequent lockdown had “accelerated” a review of its operating model which had already been under way.
Pizza Express – 1,100 jobs
Pizza Express, which was founded in 1965, has been put up for sale by its Chinese owners Hony Capital as the pandemic hammers sales. The restaurant chain is planning to close 67 of its UK stores, putting 1,100 jobs at risk.
Pret a Manger – 1,000
Pret A Manger has announced it is to permanently close 30 of its shops after it experienced “significant operating losses” as a result of the pandemic.
It is understood that at least 1,000 jobs are at risk from the closures, which will take place before the end of this year.
Quiz – 93 jobs
Clothes retailer Quiz is placing the division that runs its 82 standalone stores into administration, putting 93 jobs at risk.
Rolls-Royce – 2,200 jobs
Rolls-Royce has launched a wave of job cuts in a bid to slash costs. Around 1,500 roles will be shed at the company’s Derby base roles this year, along with at least 700 redundancies at its site in Inchinnan, Scotland.
Further, smaller job cuts will be made around the company’s UK operations as part of a plan to shed 3,000 British jobs this year.
Reach – 550 jobs
Daily Mirror and Daily Express newspaper owner Reach plans to axe around 550 jobs or 12pc of its workforce as part of an overhaul to slash costs. The company said the cost-cutting scheme would incur a one-off cost of £20m but would help it save £35m a year.
Selfridges - 450 jobs
Luxury department store Selfridges is to axe 450 jobs, or 14pc of its workforce, as it warned the recovery from the Covid crisis will be slow.
Anne Pitcher, managing director of Selfridges Group, said sales this year would be "significantly less" compared to 2019, adding that the current year would be "without doubt" the toughest in its recent history.
Shearings – 2,400 jobs
Specialist Leisure Group, owner of coach company Shearings, has collapsed into administration, putting around 2,400 jobs at risk.
Travel trade association Abta said the coronavirus pandemic is the main reason for its failure as it battled with thousands of refunds and a stop to new bookings.
SSP – up to 5,000 jobs
Upper Crust owner SSP could let go of up to 5,000 people as its seeks to restructure its business in the face of plunging passenger numbers at railway stations and airports.
The job cuts will affect its head office and UK operations, it said.
Swissport – 4,500 jobs
Airport ground handling company Swissport is planning to cut more than 4,500 jobs in the UK due to the collapse in air travel.
Chief executive Jason Holt said: “It is true that we’ve seen tough times before – volcanic cloud, 9/11, the financial crisis – and we’ve weathered these. But this time it’s different. We have never seen anything like Covid-19 in our lifetimes.”
The Restaurant Group – up to 3,000 jobs
The Restaurant Group is to shut 125 sites as part of a a deal with landlords. Bosses will swing the axe hardest at their Italian-American Frankie and Benny’s division, with up to 3,000 jobs at risk. The closures will leave the chain with just 160 outlets.
TM Lewin – 600 jobs
TM Lewin stores will disappear from the high street after it became the latest retailer to collapse into administration at the cost of 600 jobs.
Travis Perkins – 2,500 jobs
Builders merchant Travis Perkins is cutting almost 10pc of its workforce as it battles the coronavirus downturn, amounting to some 2,500 jobs.
Half of the FTSE 250-listed company’s 30,000 staff were furloughed during the lockdown as demand for building materials plunged.
Vertu Motors – 345 jobs
Vertu Motors will make 6pc of its workforce – 345 people – redundant, citing improved efficiencies in car sales administration online.
Robert Forrester, CEO, said: “The Covid crisis has driven an acceleration of technology uptake and we are embracing this trend to futureproof the business. As automation progresses, we have made the difficult decision to reduce group headcount.”
Vice Media – unknown
Vice Media Group boss Nancy Dubuc told staff in an internal memo in May that the company was cutting 55 jobs in the US and 100 globally, mostly to its digital operations. It is not known how many roles were in the UK.
“The reality is that some tough decisions had to be made primarily around our digital teams,” she wrote in the memo.
Victoria’s Secret – 800 jobs
The UK arm of Victoria’s Secret fell into administration in June, putting more than 800 jobs at risk.
The lingerie retailer, which operates 25 stores in the UK, confirmed that it has called in administrators from Deloitte after being hammered by the coronavirus lockdown.
Virgin Atlantic – 3,000 jobs
Virgin Atlantic plans to cut more than 3,000 jobs. The airline has been fighting to secure its future for several weeks after the Covid-19 pandemic brought scheduled passenger services to a standstill. Ministers snubbed a request for a £500m state loan in April.
Chief executive Shai Weiss said: “We have weathered many storms ... but none has been as devastating as Covid-19.”
Virgin Money – 300 jobs
High street lender Virgin Money will go ahead with plans to shut or merge 52 branches and lay off 300 people after initially putting the overhaul on hold amid the Covid crisis.
The group said the immediate job cuts are 200 fewer than those previously announced due to changes made in response to Covid-19.
WH Smith – 1,500 jobs
WH Smith is planning to cut up to 1,500 jobs as bosses said its recovery from the Covid-19 lockdown has been "slow".
The company said it needed to reduce costs as its shops in airports and train stations are hit by low passenger numbers and its high street stores also suffer from low footfall.
Willmott Dixon – 100 jobs
Construction firm Willmott Dixon is to cut around 5pc of its staff after revealing that revenue is expected to be down by 20pc this year.
No specific figure for redundancies was provided by the contractor, but it according to the most recent published accounts the company had 2,132 staff, so 5pc would amount to around 100 roles, according to industry website Construction News.