First Brexit employment casualties

[Stopyourhavering]

dd graduated this week, happy times.....phoned this morning to say that 2 of her friends, who had also graduated ( business/law degrees) and been offered jobs had been telephoned by their prospective employers to say that because of Brxit, they were now basing their headquarters in Berlin rather than UK and would no longer be employing them......I fear this is just the start....I am so angry and upset for our youth. My ds and dd2 are so angry and feel betrayed....I wish 16 &17 year olds had been given a vote as I feel they had a better handle on the repercussions of Brexit

Yes when it was working class jobs being moved to Europe using eu bribes no one gave a fuck now it might be naive middle class jobs being moved the sky is falling. So far you all seem to have been offered jobs abroad but Cadburys and Ford transit in Southampton were just made redundant.

A permanent base - typo sorry

Nice not naive tried to be clever and type naice autocorrect didn't like it.

mama where do you think the bulk of our tax revenues come from? It's certainly not fron the jobless and low-waged. When those revenues decrease, it is THEY who bear the cuts though, as they are the easiest targets and heaviest users of public services/benefits.

Likewise, many smaller businesses benefit from spending by bankers and the like - cafe and restaurant owners, shop owners, car dealerships, furniture stores etc etc. they and their employees will suffer too.

A general recession -which is virtually inevitable -will hurt everybody.

If you are thinking only bankers/the rich will be affected you are very very naive.

I'm not sure why you think nobody gave a fuck, Lynn. I did, and I would think other ordinary people do too. Unfortunately, though, I had no control over what our dear government chose to do or not do over that. They are the ones who should be blamed.

dArtagnansCrumpet that was me, the point I was making was that this has been happening in dribs and drabs for a long time (Incl Dyson which I'm surprised he was pro Brexit considering he relocated manufacturing from the UK to the Far East) and this'll be used as an excuse by some for more profit making/cuts.

Also a PP mentioned Nissan, that's in Sunderland Iirc there's threats of 1000s of job losses there alone!

I Know two peoe who run small but successful companies based in the south east area. Both had contracts pulled on friday by international clients. One said he'd been about to hire an extra person; instead he's not likely to renew a contract of someone else. The other has been told by one of his large clients that he has to set up a euro office for their contract or they will have to move their business. I don't know yet how it is going to impact me personally, but this is only Saturday. More of these stories will follow.

And most of London, bankers notwithstanding, did not vote Tory. You can thank the shires for that.

For example, financial services accounts for about 11% of the total tax receipts paid to UK treasury. Losing a big chunk of that will have a knock on effect on NHS, welfare, education, tax credits, internal investment, etc, etc.

Alanna, really? What company pulled a contract? What type of contract? Unless it was out of pique, again sceptical.

Voting for leave was basically akin to voting for a UK wide recession. Sure the EU isn't perfect but a negotiation for change whilst remaining a member was always the more sensible economic option.

Donatello,

I think Dave tried that one..,

I don't understand why people like larrygrylls don't believe the contracts and job losses are happening. Is your head really that deep in the sand?

Those demanding names are acting like infants. Of course people should feel no obligation to share personal, identifiable details on the internet. It would be a huge breach of professional etiquette to go public about this stuff.

Those of you expressing disbelieve - you were warned this would happen if we Brexited, but you chose to ignore it. Those damned experts, right?

Now, you are being told it's happening and you're accusing people of lying.

There's only so much wilful blindness that can be sustained. Start facing up to the facts that are emerging.

Hope,

I explained why. Business continues as was for a minimum of 2 years. And then it may still continue depending on negotiation. Any company that makes hiring decisions based on 1 day of panic is very shortsighted.

Who will do the jobs of the redundant peole for the next 2 years?

Name the firms. Show me the announcements on the websites. Then I will 'get my head out of the sand', Hennypenny!

People are calling ''bollocks'' at job causalities, I went into work yesterday to find out that due to Brexit the small company I work for will be shutting down and by the 1st of next month (a week!) I will not have a job. Call bollocks all you like but this is my life now. They are relocating to another part of the EU and as a lowly chef am I fuck important enough to pay out to take with them...
always good when there are 8 catering jobs in a the only area I can get to (I don't drive nor have a huge public transport budget) and 6 of those are for kitchen managers/head chefs. Which I'm far too under qualified for.
Thanks everyone!

Those of you expressing disbelieve - you were warned this would happen if we Brexited, but you chose to ignore it. Those damned experts, right?

Those expressing disbelief cannot claim to have made an informed vote. If they didn't know what the consequences would be and they refused to listen to those who do - their vote was a vote in ignorance.

"Also a PP mentioned Nissan, that's in Sunderland Iirc there's threats of 1000s of job losses there alone!"

There has been no such threat.

Only an absolute raving lunatic would shut down a successful car factory on the basis of unknowns.

The factory is open, it remains open, I believe it exports around two thirds of its production to Europe, while the rest is consumed locally. It will remain open with no changes in the imminent future.

IF there is a change to UK competitiveness/trade position, which there isn't currently, except that with a lower pound, UK-produced cars become MORE competitive in Europe, then they may make a decision.

However, given that we import far more cars from the French, Germans and Spanish than we import from them, and therefore, tariffs on cars are just not likely, the idea that Nissan are going to ship out just doesn't make any sense. Why would this happen? What rationality is there to shut down an efficient factory faced with (according to the doomsayers here) a weaker (more competitive) pound.

Ridiculous raving nonsense.

Sorry 'we import more cars from Europe than we export to Europe', I should say.

Business continues as was for a minimum of 2 years. And then it may still continue depending on negotiation. Any company that makes hiring decisions based on 1 day of panic is very shortsighted

No, no, no. The political structures relating to the EU will remain for a couple of years.

Businesses are acting now. Money waits for no-one.

Companies are not making decisions on the 'panic of one day', they have been planning these policies since the referendum was announced.

IF there is a change to UK competitiveness/trade position, which there isn't currently, except that with a lower pound, UK-produced cars become MORE competitive in Europe, then they may make a decision.

You're forgetting potential import duties into Europe.

Manon,

If you based your vote on a short time horizon, you should not have voted. If unemloyment goes up 1-2% short term(from record low level), so what?

This referendum was about sovereignty, who we want to be allied with long term etc etc. I am glad my parents voted in in1973 for idealistic rather than economic reasons. Whichever way you voted, a few short term redundancies us a piss poor rationale.

Oh for goodness - business have had contingency plans in place and know exactly what they would do with an exit vote. Do you honestly think that they would just do nothing until the vote was in and then formulate a plan??? REALLY?? Unlike the moronic leave campaigners who are already back peddling massively on their promises (lies) serious multinational businesses have spent 18 months drafting plans for that they will do in the event of a leave vote. It's that sort of naive thinking that's got us in this mess. Businesses simply can not afford to hang around and wait for two years to see what might happen!! They'll at best just stop all uk investment and sit tight but at worst leave (Ireland is v close!). If in 3 years time sufficient deals are in place to reassure them that England are in a good place to trade they'll come back but really, only someone with a very poor grasp of how business works would think that multinational businesses will have done nothing in the run up and then will hang around for two years in case it's as the leave folk keep telling us, "going to be great" without a shred of hard evidence or facts to back up this assertion other than "we're British, we're fab" You'll find the multinational business don't give a flying fuck about some jingoistic nationalist bollocks about how superior the British people think they are! They want the best people for the job and now they won't be allowed to have the best - without huge burrocratic burden - they'll move somewhere in the EU where they can move their workforce effortlessly. The lack a basic understanding of the leave voters is scary!

Businesses are making decisions now because while political restructuring might take 2 years, so does establishing elsewhere. Why would they wait? Market uncertainty is happening now. The UK is not an attractive place to be, they will move, get set up and be business as usual by the time 2 years are up while those who waited are having a nightmare.

Nissan staying silent for now. But lots of sound business reasons why it would move operations out of UK. I'll watch with interest.

www.sunderlandecho.com/news/business/brexit-would-be-a-disaster-for-sunderland-s-nissan-plant-warns-mandelson-1-7976896