Jobs Axe Likely to Fall at More Than Half of Uk Companies ; Economy
Birmingham Post › July 28, 2008
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Summary
More than half of the companies in the UK are planning to axe jobs in response to the economic downturn, a survey published today suggests.
According to business services group KPMG's National Business Confidence Survey, the number of companies likely to make job cuts has almost doubled over the last three months. KPMG's survey of senior executives in both public and private sector organisations indicates more than half (53 per cent) now plan to reduce their staff headcount over the coming months, with a similar proportion (52 per cent) planning to implement recruitment freezes.See the full content of this document
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Jobs Axe Likely to Fall at More Than Half of Uk Companies ; Economy
When the same organisations were question in March this year, only 29 per cent were looking at job cuts as a cost-saving measure.
Mel Egglenton, senior partner of KPMG in Birmingham, said of th...See the full content of this document
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