reskill

The company said it hoped to find an alternative to redundancy through a programme which aims to "retain, redeploy and reskill" affected staff.

“The cloud has a lot of employment opportunities for people that want to upskill, reskill or skill themselves in the cloud,” he said.

Among these options, Gallup includes efforts to "address manager engagement" and pressure "senior leadership" to "reskill managers to win in the new hybrid environment."

"It does not include spending to support other adjustments - for example, to reskill and redeploy workers, compensate for stranded assets, or account for the loss of value pools in specific parts of the economy."

“Thirty coal mining regions in the EU still need to wean themselves of coal. That’s a huge, huge operation. We will make sure this is done in a just way so that they have an economic future in that region, that we skill and reskill the workforce for them to take new jobs, that we bring new economic activities to those regions,” he said.