US EditionUnions warn about effect on vital services after Chancellor confirms job cuts
- Rachel Reeves plans to cut tens of thousands of civil service jobs, according to a trade union warning.
- The FDA union stated that these cuts could mean 50,000 job losses, impacting the entire salary bill by about 10%.
- Fran Heathcote from the Public and Commercial Services union warned that cuts would harm public services, recalling past chaos from similar decisions.
- The Cabinet Office emphasized that budget cuts will enable a focus on frontline services while a zero-based review of spending must realistically assess its impact.
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DueWall Street Banks to Cut Thousands of Jobs
Wall Street banks have been cutting thousands of jobs and potentially may cut more. Banks such as Morgan Stanley, Goldmach Sachs, and Bank of America are all participating. These cuts, however, are a normal part of Wall Street, and generally are not attributed to market conditions. Wall Street to Cut Jobs While there certainly is […] The post Wall Street Banks to Cut Thousands of Jobs appeared first on Due.
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Leaning Left2Leaning Right4Center2Last UpdatedBias Distribution50% Right
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50% Right
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C 25%
R 50%
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