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Job Losses

Axe In Wood

Financial Markets

Report - Top Firm Plans To Cut More Than 5,000 Jobs

Not good if you work there.

HSBC Canary Wharf

Financial Markets

HSBC Job Cuts Foretell Banking's Future

The future's bright, the future's job cuts. That wasn't how HSBC put it, but you get the gist.

Wall Street

Financial Markets

Wall Street Jobs Shock

It's brutal.

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HSBC Canary Wharf

Financial Markets

HSBC Staff Are In Danger Of Being 'Demised'

Demised ?

HSBC Sign

Financial Markets

Unions Issue Strike Threat Over HSBC Redundancies

Unions are threatening to ballot for strike action at HBSC after the UK's biggest bank warned 3,166 staff that their roles were at risk of redundancy.

Coal Miner

Industry & Commerce

Scottish Coal Cuts 600 Jobs At Mines In Ayrshire, Lanarkshire and Fife

Almost 600 jobs were lost on Friday after liquidators from the accountancy firm, KPMG, were called in at Scottish Coal. A further 140 workers have been retained but only to secure the mines, including the largest, Broken Cross in South Lanarkshire.

Axe In Wood

Industry & Commerce

AstraZeneca To Cut 2,300 Sales Jobs As Research to Narrow

AstraZeneca plans to cut 2,300 sales and administrative jobs and focus drug research on three disease areas in a bid to return to growth as patents expire and the company seeks to recover from development setbacks.

Showing You The Door

US

US Faces Huge Job Losses As Obama Orders $85bn Cuts

Barack Obama warned on Saturday of a "ripple effect" through the US economy that would cost hundreds of thousands of jobs after he reluctantly signed an order to begin a huge $85bn (£56bn) programme of government cuts.

Bowler Hat

Financial Markets

Investment Banks Said To Cut Senior Staff by 12% in 2012

The 10 largest investment banks including Barclays, Goldman Sachs and Deutsche Bank reduced the number of front-office jobs by 12% in 2012, according to analytics firm Coalition.

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