Feeds

Job cuts on the rise

Cuts start to bite

Application security programs and practises

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. ®

Application security programs and practises

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
Airbus promises Wi-Fi – yay – and 3D movies (meh) in new A330
If the person in front reclines their seat, this could get interesting
UK Parliament rubber-stamps EMERGENCY data grab 'n' keep bill
Just 49 MPs oppose Drip's rushed timetable
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
Samsung threatens to cut ties with supplier over child labour allegations
Vows to uphold 'zero tolerance' policy on underage workers
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
ITC: Seagate and LSI can infringe Realtek patents because Realtek isn't in the US
Land of the (get off scot) free, when it's a foreign owner
prev story

Whitepapers

Reducing security risks from open source software
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Application security programs and practises
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.