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The cuts and redundancies are part of a plan to "simplify the company," the CEO says. O recorte ajuda a contextualizar a pauta dentro de Tech.

Exclusive: Move affects staff of both companies whose roles will be duplicated once operations are mergedNationwide building society is axing 600 jobs in the first major round of cuts linked to its controversial takeover of the high street bank Virgin Money.The move affects Natio

Rolling coverage of the latest economic and financial newsToday’s UK Service PMI report (which polls purchasing managers from across the sector) found there was a “sustained reduction in backlogs of work across the service economy”.This was due to weak demand, S&P Global reports,

Desks offering gift wrapping and bureau de change stations will be closed at dozens of stores nationwide John Lewis has put 200 jobs at risk as it plans to shut down desks operating gift wrapping and foreign exchange services.The 36-strong department store chain said it had begun

As part of the mass layoffs hitting Xbox, Doom developer id Software has laid off around 50 percent of its staff, according to Game Developer. One source claimed to the publication that the cuts equate to more than 90 redundancies. Another source said that id's QA department was

Exclusive: Plan to improve skills of thousands of financial sector workers to keep pace with tech revolutionChancellor Rachel Reeves is to announce a new City “skills compact” that will commit firms such as Barclays and Lloyds to retraining thousands of financial sector workers for the AI revolution.The financial services skills compact will be launched on Tuesday, during what is likely to be Reeves’s final Mansion House speech to City bosses before Andy Burnham’s expected takeover of