According to a study from Renovo, 69% of employers anticipate job losses, with 46% of organisations expecting to make redundancies within six months, while 23% anticipate redundancies within 6-12 months.

The news comes as the Coronavirus Job Retention Scheme (CJRS) is set to end on Thursday which will force businesses to make decisions about their future. The survey from the career transition specialists showed that for employers expecting redundancies 84% have employees on furlough.