A new survey by British manufacturers’ organization Make UK has shown that the number of companies planning to make redundancies in the next six months has risen to 53 percent.
This adds to the sharp rise seen in the last three such surveys over an eight-week period, rising from 25 percent to 42 percent previously and comes despite a gradual improvement in sales and orders. Such a scale of highly skilled job losses in manufacturing has not been seen since the 1980s and could become a ‘real bloodbath,’ said the report.
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