THE Isle of Wight Council is axing 535 jobs as it wrestles with a £35million black hole it has been revealed this afternoon.
Jobs will go at all levels but senior management are to be the hardest hit.
The council is facing up to a bleak financial outlook in the next four years, with £17 million needed to be saved in the next year alone.
Chief executive Steve Beynon said efforts were being made to keep job losses to an absolute minimum.
He said: "This will naturally be a difficult time for staff and we will make sure that all the appropriate support is made available to help them through the process."
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules hereLast Updated:
Report this comment Cancel