Latest news with #jobLosses
CTV News
2 days ago
- Business
- CTV News
Trump to hike steel, aluminum tariffs despite Canadian pushback
Northern Ontario Watch The U.S. will proceed with doubling steel and aluminum tariffs to 50% despite last-minute lobbying by Canadian officials, sparking fears of major job losses. Ontario Premier Doug Ford is calling for retaliatory measures.
BBC News
7 days ago
- General
- BBC News
Bangor University to reconsider cuts to archive service
Some of the planned cuts at a Welsh university where dozens of jobs are at risk will be reconsidered after "serious concerns" were cuts to the archive and special collection service at Bangor University were part of a university cost-saving plan which threatens 78 prompted politicians to intervene, with Plaid Cymru MSs Siân Gwenllian, Liz Saville Roberts and Rhun ap Iorwerth meeting with the university's vice-chancellor, Professor Edmund officials have now confirmed that the proposal to cut three archive staff roles is "under review". Gwenllian, who represents the Arfon constituency, told the Local Democracy Reporting Service: "Members of staff and students have approached me with concerns about different aspects of the proposals, and I was able to convey them directly to the vice-chancellor and senior representatives."I'm glad they have listened to the strength of feeling and are now reconsidering the proposed archive cuts."We will now continue to make a case for a halt to compulsory redundancies and for the in-year support provided by the Welsh government to be used to reduce job losses."We will continue to make the case for the government to step in with more support."Saville Roberts added the archives at Bangor were "of national significance"."Ensuring continued public access to this vital historical resource is essential for our understanding of Welsh history, identity, and culture. I welcome the university's decision to pause and reconsider."
The Sun
19-05-2025
- Automotive
- The Sun
Major car dealership to close with ‘job losses' expected in just days – months after brand closed three other sites
A MAJOR car dealership group is to close a site despite announcing hefty profits and a recent dividend payment to shareholders. US-based Group 1 Automotive appears to be taking decisive action after announcing the closure of their Volkswagen Telford dealership - only months after shutting down three other sites. 2 2 According to a report by Car Dealer Magazine, a number of job losses are expected at the dealership as a result - which is to close its doors for the final time at the end of this month. However, it is understood that the premises will remain operational as a Volkswagen-authorised repair and service centre. Sources within Group 1 have suggested that the company intends to redeploy many affected staff - presumably to other locations. However, Car Dealer Magazine reported that some employees have already started seeking alternative employment, with a number of them marking themselves as 'Open to Work' on LinkedIn. The firm is reported to be consulting with impacted employees, as they aim to minimise job losses. But with the closure of their sales operations, it is likely that there will be an overall reduction in roles at the site. A spokesperson for Group 1 Automotive UK said: 'Our VW Telford site will continue operating as a standalone VW-authorised repair and service centre, and the retail sales operation will end on 31 May 2025.' This year has been a significant one for Group 1, which announced profits of £162.9m for the first quarter. As a result, investors are in line to receive a dividend of $0.50 (37p) per a share. The company has already closed Volkswagen Wirral, Volkswagen Cheltenham, and Audi Hyde dealerships, which were previously owned by Inchcape. I drove the Aston Martin Vantage Roadster -it's a car which cries out to be driven hard & will get you a nod of appreciation wherever you go These sites were acquired as part of Group 1's £346m deal to purchase Inchcape's showrooms - effectively doubling the company's presence in the UK. Following the acquisition, Group 1 began a review of its corporate support functions, resulting in several redundancies. A spokesperson commented in November: 'Following the completion of the Inchcape Retail acquisition in August, we commenced a review of our corporate support functions. 'This review remains ongoing to ensure we are in a strong position to serve our customers and OEM partners effectively as we move forward as one enlarged business. 'We continue to support all colleagues as we move through this important transition period.'
