CIPD Survey Forecasts Further Redundancies

22 February 2010

The latest CIPD/KPMG’s Labour Market Outlook Survey finds that around a quarter of employers are planning to have made redundancies by April 2010, resulting in an average reduction of their workforce by 6.2%. The public sector is to be particularly badly hit. The private sector is expected to perform better, although 10% of private sector companies plan to offshore in the upcoming year.

Labour Market Outlook Quarterly Survey Report, Winter 2009-10, CIPD, 15 February 2010.