Image via The PIE News
Last updated
British Council: Layoffs
British Council plans to cut approximately 25% of workforce (alongside closure of 11 country offices) to manage £197m pandemic-related debt. Already reduced headcount by 2,110 FTE since April 2021; further redundancies signalled as part of turnaround plan. Organisation not expected to return to profitability until 2029/30.
Source: The PIE News
The leadership read
Workforce moves like this mark the contracting side of consulting hiring conditions.
Market context: MitchelLake's Talent Market Index sits at 105.8 (Hot), down 2.4 on the prior month; EMEA hiring signal is running easing (-2.8pts).
British Council: 1 signal in the last 90 days — below the Consulting median of 2 across 45 tracked companies; 0.1% of MitchelLake's EMEA signal flow; 2 tracked across 64 days.
MitchelLake in this thematic
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