Technology Dealmaking Shifts as Markets Evolve

Market sources reveal that vocational training provider City & Guilds’s owner reached a deal with the union Unite to largely avoid compulsory job losses. Vocational training provider City & Guilds’s owner reached a deal with the union Unite to largely avoid compulsory job losses.Guilds’s owner reached a deal with the union Unite to largely avoid compulsory job losses.Guilds scraps mass redundancies and offshoring UK jobs to GreecePeopleCert had been planning to cut about 400 jobs in £22m savings drive at training body it bought last year Simon GoodleyThu 18 Jun 2026 19.17 CESTLast modified on Thu 18 Jun 2026 22.00 CESTSharePrefer the Guardian on GoogleThe vocational training body City & Guilds has guaranteed that plans for mass compulsory redundancies and the offshoring of hundreds of UK jobs to Greece will no longer go ahead.Key players involved: Goldman Sachs Asset Management, Ardian This development has significant implications for Technology, potentially influencing competitive dynamics, investment patterns, and strategic priorities across the sector. A presentation prepared for PeopleCert investors had said staff leaving UK roles would be replaced with people abroad. Market ImplicationsForward-Looking IndicatorsContinued consolidation expected in the sectorIncreasing focus on digital transformation and innovationGrowing importance of ESG considerations Expert Commentary Looking AheadFor complete details on this development, refer to the original report from Guardian Business. Frequently Asked Questions