Feeds

Job cuts on the rise

Cuts start to bite

Intelligent flash storage arrays

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. ®

Beginner's guide to SSL certificates

Whitepapers

Driving business with continuous operational intelligence
Introducing an innovative approach offered by ExtraHop for producing continuous operational intelligence.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
How to determine if cloud backup is right for your servers
Two key factors, technical feasibility and TCO economics, that backup and IT operations managers should consider when assessing cloud backup.
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?
Choosing a cloud hosting partner with confidence
Download Choosing a Cloud Hosting Provider with Confidence to learn more about cloud computing - the new opportunities and new security challenges.