Reply to: Likely to be axed tomorrow

[eek]

~500k tax payers have now become liabilities in the space of a week. Good grief, this is a disaster. I wonder what sectors they are from.



In the space of a few short years the government has gone from Austerity for the masses / bottomless money for HS2, 3rd runway consultants, Brexit & DUP, magic bridge garden - to full Jeremy Corbyn. Impressive.

A number of Deutsch companies are now practicing kurzarbeit (er reduced hours?) so that they don't lose skilled employees. It is often argued this is why Germany recovers quicker that others at the end of a recession as they then do not have to spend time looking for new workers. Wonder if UK employers ever thought to do this before firing folk.

Yep - the local manufacturing firms would if they weren't completely run off their feet at the moment due to renewed demand from china.

For those firms that had logistics that contained China in their supply chain they are currently closed due to no stock...

One thing this crisis is going to force is the recreation of local supply chains (or 3d printing) in a way that still exists in Germany and virtually no where else.

[scooterscot]

~500k tax payers have now become liabilities in the space of a week. Good grief, this is a disaster. I wonder what sectors they are from.

Of the 230,000 people who applied for universal credit last week, 70,000 asked for an advance to deal with immediate cashflow problems, which Timms suggested put them into debt to the DWP at the start of the coronavirus crisis.

Coffey said: “I don’t see it as being in debt. I see it as about spreading effectively an annual payment into 13 payments, rather than 12. Then people can chose early on what level of advance they get.”

In the space of a few short years the government has gone from Austerity for the masses / bottomless money for HS2, 3rd runway consultants, Brexit & DUP, magic bridge garden - to full Jeremy Corbyn. Impressive.

A number of Deutsch companies are now practicing kurzarbeit (er reduced hours?) so that they don't lose skilled employees. It is often argued this is why Germany recovers quicker that others at the end of a recession as they then do not have to spend time looking for new workers. Wonder if UK employers ever thought to do this before firing folk.

[ladymuck]

Do you have a source? That's insane if true.

We need a proper recession to pop this bubble we've been denying ourselves for the last 12 years.

Almost 500,000 people in UK apply for universal credit in nine days | World news | The Guardian

[GJABS]

Unfortunate, yes, but try to put a positive spin on it: Time to try one's often-put-off plan B I guess?
Or plan C if, as is the case with me, plan B didn't work out..

[jamesbrown]

Today i am trying a soft white farmhouse.

Nom nom.

[jamesbrown]

Do you have a source?

Yes, the SoS for Work and Pensions, in the Commons chamber earlier today.

[Pogle]

My latest contract was due to start last Monday and despite assurances that it would happen and they would supply me with laptop to WFH it got canned.

But miffed as I’d been on the bench for 6 months, mainly caring for Himself and getting the right people in place to look after him when I went back to work.
Ho Hum, back to baking bread then I suppose
Today i am trying a soft white farmhouse.

[ChimpMaster]

Do you have a source? That's insane if true.

We need a proper recession to pop this bubble we've been denying ourselves for the last 12 years.

I'm sure all the people losing their contracts and jobs will appreciate your views.

[escapeUK]

Just had confirmation (from themselves, not the useless agency) that ClientCo has axed all contractors in the team with Friday being the last day.

Yes it has been confirmed, the ax has fallen for all contractors at clientco, at least they honour the two weeks notice period

Genuinely sorry to hear that. NLUK will be along soon to tell you what to do. Do the opposite and everything will work out fine.

[scooterscot]

Sorry to hear that.

Yes, it's bad, for many people. There were 500k claims for UC in the last nine days (70k for an advance payment), which points to the scale of what is happening.

Do you have a source? That's insane if true.

We need a proper recession to pop this bubble we've been denying ourselves for the last 12 years.

[jamesbrown]

Sorry to hear that.

Yes, it's bad, for many people. There were 500k claims for UC in the last nine days (70k for an advance payment), which points to the scale of what is happening.

[Eirikur]

Which client is that? Name and shame. Or just the industry.

I usually name and shame agencies, but never end clients. Industry is retail

[ChimpMaster]

Damn.

This is looking bad.

Friends I know also losing contracts and losing jobs.

I hope things turn around soon. Best of luck guys.

[abz2020]

Yes it has been confirmed, the ax has fallen for all contractors at clientco, at least they honour the two weeks notice period

Which client is that? Name and shame. Or just the industry.

[Grasser73]

Just had confirmation (from themselves, not the useless agency) that ClientCo has axed all contractors in the team with Friday being the last day.