What happened: City & Guilds, a UK training and qualifications body, is cutting jobs as part of a £22 million cost-saving effort following its acquisition by a private Greek firm in October.
Why it matters:
- The workforce reduction may affect employees and the delivery of training services.
- City & Guilds plays a key role in vocational education and apprenticeship qualifications across the UK.
MNN Take: The organisation is restructuring to become more financially efficient under new ownership, which could impact how vocational training is provided in the UK.
Sources: Guardian UK