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Bosses 'worried of more job cuts'
Friday December 17th 2010
Job losses look set to increase in the new year, with half of company managers expecting more redundancies, a survey has found.
Many public sector managers are also unsure of their own posts, the Chartered Management Institute (CMI) revealed.
Skill shortages and a lack of motivation among employees also emerged as concerns the industry is facing in a survey of more than 800 managers.
More than 80% of managers in the public sector expect 2011 to bring in more job cuts as the clauses in the Government's Comprehensive Spending Review take effect.
Ruth Spellman, CMI chief executive, said: "We started 2010 with high hopes that the economic situation was improving and workplaces would start to feel the effects of recovery.
"Sadly, it's evident that this year has been one of the most difficult UK managers have ever had to face. What is truly worrying however is that, in many cases, managers are coping with these difficult conditions without the appropriate team to work with or adequate training in dealing with highly sensitive issues."
Copyright © Press Association 2010
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