Kainos Group—Laid off 190 staff (7% of workforce) amid market slowdown
In March 2024, Kainos announced 190 redundancies affecting approximately 7% of its 3,000 global workforce. The bulk of job losses were expected in Belfast, the company's headquarters. Restructuring costs totaled £8.4 million. The company cited the 'current market environment' and weak public sector spending following the UK General Election.
Scoring Impact
| Topic | Direction | Relevance | Contribution |
|---|---|---|---|
| Worker Rights | -against | primary | -1.00 |
| Overall incident score = | -0.443 | ||
Score = avg(topic contributions) × significance (medium ×1) × confidence (0.59)× agency (reactive ×0.75)
Evidence (1 signal)
Laid off 190 staff (7% of workforce) amid market slowdown
In March 2024, Kainos announced 190 redundancies affecting approximately 7% of its 3,000 global workforce. The bulk of job losses were expected in Belfast, the company's headquarters. Restructuring costs totaled £8.4 million. The company cited the 'current market environment' and weak public sector spending following the UK General Election.