COVID-19 crisis | 1 in 3 employers to slash jobs by October

1 in 3 employers to slash jobs by October

Over the past few months, the media has been awash with news of jobs cuts and the drastic downsizing of businesses.

In May, British Airways announced that there were more than 12,000 job losses from within its ranks, largely due to mass inactivity within the aviation industry. 

Similarly, Richard Branson’s Virgin Atlantic confirmed that 3,000 jobs would be cut, with Chief Executive Shai Weiss telling the BBC: “We have weathered many storms since our first flight 36 years ago but none has been as devastating as COVID-19 and the associated loss of life and livelihood for so many.”

Upgrade to access

This content is only available to members of myGrapevine+.

myGrapevine+ is the latest way we are supporting a growing community of forward-thinking business leaders. Members can access a host of specially developed content and tools that aren't available anywhere else, helping you set new standards in business and people leadership every day.

  • Access to exclusive member-only content including:
    • The 'Leaders Series', a set of video interviews with leading business and HR voices
    • Strategic deep dives and expert tips for professional development and innovative practise
  • Access to the entire archive of news, features and insights from HR Grapevine and our other sites.
  • Unlimited access to the full back catalogue of our award-winning Magazine and other publications.

First month just £1! *

* Billed via Credit/Debit card at £1 for first month, then £22.99 per month. One time use only.

Welcome Back