Here are the business stories making the headlines across Scotland and the UK this morning.

All companies trialling four-day working week opt to keep it

British companies involved in a four-day working week pilot have decided to continue working a shorter week following the end of the trial.

The six-month pilot was organised by the 4 Day Week Foundation and monitored by researchers at Boston College in the US.

The foundation said that 62% of workers “registered a reduction in how often they experienced burnout”, while 41% saw an improvement in their mental health, and 45% said they felt more satisfied with life.

Read more in The Times. 

Microsoft to shed 9,000 workers as AI takes hold at tech giant

Microsoft has launched its second wave of job cuts this year in a round of layoffs that will affect about 9,000 workers.

The technology company is firing about 4% of its workforce as it seeks to cut costs from some departments while investing heavily in artificial intelligence infrastructure.

The cuts will affect multiple teams around the world, including its sales division and Xbox video game business.

Citroen owners left stranded over airbag safety risk

An estimated 120,000 motorists in the UK have been left unable to drive their cars after a safety alert over a potentially lethal fault with airbags.

The car giant Stellantis recently said people should stop using versions of the popular Citroen C3 and the related DS3 altogether until they were fixed.

The "stop-drive" instruction came amid growing concerns about the safety of airbags fitted to these models, following a fatal accident in France last month.

More like this…

View all