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G4S to cut more than 1,100 jobs

G4S to cut more than 1,100 jobs
Monday 13
23:50 2020

G4S has announced plans to cut up to 1,150 jobs through a shake-up of its cash-handling business in the UK. The security giant said it was the culmination of a review of its Cash Solutions arm, including vans which pick up and deliver cash to businesses across the economy. The review is understood to have taken in the impact of the coronavirus crisis and weaker demand for physical money amid the surge in online payments and digital banking. The GMB union warned the proposals marked "another worrying step towards a cashless society". Paul van der Knaap, managing director of G4S ...

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Read more from Sky News : G4S to cut more than 1,100 jobs
Sky News : G4S to cut more than 1,100 jobs

Summary: G4S has announced plans to cut up to 1,150 jobs through a shake-up of its cash-handling business in the UK.

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