#unitedkingdom

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WH Smith Rejects Modella Capital Layoff Funding Plea

WH Smith rejected a request from Modella Capital. Modella Capital is the new owner of a former high street chain. They sought millions of pounds. These funds were for layoff costs. Sky News reported this development.

https://www.tradingview.com/news/reuters.com,2026:newsml_FWN41X0JM:0-wh-smith-rejected-plea-from-former-high-street-chain-s-new-owner-modella-capital-for-millions-of-pounds-to-fund-cost-of-layoffs-sky-news/


KPMG Cuts Over 500 UK Jobs

KPMG is laying off over 500 staff in its UK operations. The cuts primarily affect 440 assistant manager roles in the audit business. An additional 120 positions will be eliminated from the advisory arm. KPMG attributes these reductions to low attrition rates and market conditions. The firm previously over-hired during a post-lockdown demand surge.

United Kingdom

https://www.consultancy.uk/news/43655/kpmg-to-shave-more-than-500-roles-from-uk-headcount


BBC Announces Significant Job Reductions for Cost Savings

BBC will reduce its workforce by up to 2,000. This represents nearly 10% of its total workforce. The network seeks £500 million in financial savings. The savings plan spans the next two years. Entire channels or services may face potential closure.

https://www.exchange4media.com/media-tv-news/bbc-ps500m-savings-push-nearly-2000-to-be-laid-off-153885.html


Cut happening across the UK

The insurance business is undergoing a major overhaul

The projects with London Markets have been frozen / cancelled

Another relatively new logo is about to have a significant portion of their staff culled because apparently a year in they’re not making money…. Bullsh-t comes to mind

Just wait until they announce results - it’s
Not looking good.


Bentley Motors Cuts Jobs Over China Slowdown, EV Demand

Bentley Motors will cut 275 office roles. This represents about 6% of its total workforce. Declining China sales and low EV demand are factors. US tariffs also contributed to this decision. The company aims to maintain competitiveness.

https://www.storyboard18.com/brand-marketing/bentley-to-cut-275-jobs-amid-china-slowdown-weak-ev-demand-and-us-tariffs-ws-l-92511.htm


BIG London Employees Protest Job Cuts

Employees at BIG's London office are protesting today. This action responds to proposed mass layoffs at the firm. A major project, employing half the London staff, was recently terminated. Up to 72 of 160 workers face redundancy as a result. The Unite trade union supports the employees and criticizes BIG's conduct.

https://www.dezeen.com/2026/02/03/big-staff-protest-london/

London, England


UK publisher Outright Games confirms layoffs

Outright Games is making 27 employees redundant. The Chicken Run: Eggstraction and Teenage Mutant Ninja Turtles: Mutants Unleashed publisher said the decision will enable it to adapt to shifting market conditions.

https://www.gamedeveloper.com/business/uk-publisher-outright-games-confirms-layoffs


associates in UK

they are useless. they WFH and put their status' as "busy" while they are at the hair salon and grabbing iced coffees, posting about it on social media. or they are in another country cause it's so convenient to travel around in europe with teams installed on your phone.

no wonder all managers hate analysts and interns. they inflate our HC and do nothing impactful.