politics

City & Guilds Cancels Plans for Job Cuts and Offshoring to Greece

18 Haziran 2026The Guardian

City & Guilds has announced that it will not proceed with plans to lay off around 400 employees and offshore jobs to Greece. This decision comes after the training organization was acquired by the Greek firm PeopleCert, which had initially proposed the redundancies as part of a £22 million cost-cutting initiative.
The reversal of this plan has been welcomed by employees and stakeholders alike.
The announcement follows a period of uncertainty for City & Guilds employees after the acquisition by PeopleCert, which raised concerns about job security and the future direction of the organization. The initial proposal for job cuts was part of a broader trend among companies seeking to reduce costs through offsho…
The decision to scrap mass redundancies reflects a growing awareness of the importance of local employment and the potential backlash from stakeholders. By reversing its initial plans, City & Guilds may be attempting to rebuild trust and maintain its reputation as a responsible employer.

NewsAI özeti

This article is based on information available as of October 2023 and may be subject to change.

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