Share this article:

'Employers are struggling' | 1 in 5 firms consider cutting jobs as furlough scheme winds down

1 in 5 firms consider cutting jobs as furlough scheme winds down

A fifth of British firms are considering staff redundancies following Sunday's furlough policy change, which will see employers contribute more, according to a new survey.

A British Chamber of Commerce poll of 250 businesses found that 18% of respondents said they were likely to make staff redundant in response to the upcoming changes to the Coronavirus Job Retention Scheme (CJRS), as reported by the BBC.

A quarter also said they would aim to reduce hours or move staff to part-time working patterns

The Chamber said extra training was needed to deal with thousands of redundancies predicted, as reported by the BBC.

Continue reading for FREE!

Sign up for a myGrapevine account to get:

  • Unlimited access to News content
  • The latest Features, Columns & Opinions
  • A full range of specialist HR newsletters to choose from

Welcome Back

Sign up for myGrapevine

* By creating an account you agree that you have read and agree to our Terms and Conditions and that Executive Grapevine International Ltd and its partners may contact you regarding relevant content and products. You will also be added to the HR Grapevine newsletter mailing list.

Sign up to our daily newsletter

Have content like this delivered directly to your inbox.


Recommended

Skills & Capabilities Mapping: Ensuring L&D Impact in 2026
HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • Webinar

Skills & Capabilities Mapping: Ensuring L&D Impact in 2026

TikTok Style Learning: How Culture, Technology & Gen Z Are Reshaping L&D
HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • Resource
  • Download Whitepaper

TikTok Style Learning: How Culture, Technology & Gen Z Are Reshaping L&D