All articles tagged with #voluntary redundancy
Jaguar Land Rover plans up to 4,000 voluntary redundancies for salaried and management staff over the next two years to cut about £1.7bn in costs and simplify the business as it faces pressure from cheaper Chinese rivals; production roles are unaffected, and the move accompanies a broader shift toward the US market with unions and government officials engaged in discussions.
Ubisoft has begun a voluntary redundancy process to cut up to 200 jobs at its Paris-based Ubisoft International unit (about 18% of that unit) as part of a wider restructuring into five “creative houses” and a central operations arm. The RCC process is voluntary and negotiated with unions, limited to Paris-based Ubisoft International staff, with no compulsory redundancies indicated and a final decision pending agreement and regulatory validation. Unions have criticized the plan amid ongoing cost-cutting measures announced last week, including a return-to-office mandate and further studio reorganizations.