Feeds

Job cuts on the rise

Cuts start to bite

New hybrid storage solutions

The number of companies expecting to make people redundant in the first quarter of this year is expected to rise sharply.

Figures from KPMG and the Chartered Institute of Personnel and Development show private sector jobs might help offset public sector cutbacks - but overall two out of three employers expect to have less staff in 2011 than they had in 2010.

There is a sharp difference between public and private sector - 66 per cent of government organisations expect to cut staff in the first three months of the year.

Meanwhile the outlook for jobs in the private sector varies widely. About 20 per cent of manufacturing and services companies are expecting to increase headcount in the first quarter.

Gerwyn Davies, public policy advisor at the CIPD, said: "While private sector jobs generation is encouraging it's more important than ever that the Government continues its growth efforts in the private sector so as to offset the jobs gloom in the public sector."

More employers are expecting to cut jobs than at any time since the survey was started in spring 2004.

Overall the numbers, taken from a survey of 750 employers, showed the difference between bosses expecting to hire staff versus those expecting to let people go has fallen from +11 to -3 since last quarter.

You can download the CIPD's employment numbers here.

The gloomy jobs market is also hitting pay settlements. Average pay settlements in the public sector are expected to fall 0.3 per cent, compared to 2.3 per cent increases in the private sector. ®

Website security in corporate America

More from The Register

next story
JINGS! Microsoft Bing called Scots indyref RIGHT!
Redmond sporran metrics get one in the ten ring
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
Murdoch to Europe: Inflict MORE PAIN on Google, please
'Platform for piracy' must be punished, or it'll kill us in FIVE YEARS
Driving with an Apple Watch could land you with a £100 FINE
Bad news for tech-addicted fanbois behind the wheel
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Found inside ISIS terror chap's laptop: CELINE DION tunes
REPORT: Stash of terrorist material found in Syria Dell box
OECD lashes out at tax avoiding globocorps' location-flipping antics
You hear that, Amazon, Google, Microsoft et al?
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Security and trust: The backbone of doing business over the internet
Explores the current state of website security and the contributions Symantec is making to help organizations protect critical data and build trust with customers.