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UK Job Losses/Redundancies News
It's a sign of the full blown reccesion the UK is currently in that companies have to cut back to keep their businesses afloat, and the first thing they normally cutback is Jobs. We check the business pages daily to bring our customers and site visitors a round up of the scale of the UK Job Losses and Redundanices happening across UK Business.
WoWMyCV(UK) offers a full professional CV writing and Careers Advice service, in today's job market is is becoming more and more important to have that CV that makes you stand out from the crowd and makes employers take notice of you above all the other candidates, on average 100 to 150 people are applying for every new job that is advertised which shows how much you need to stand out. Contact Us today for more information about our range of services.
If you are facing redundancy read this article 10 Ways to deal with redundancy
Please Note: We have stopped updating these pages and moved the News Pages to our Blog Site Click Here to visit the Blog
Confirmed UK Redundancies Since October 01/2008
119,220
March 25 2009 - 200 jobs
Snooker clubs group Rileys has gone into administration with the loss of 200 jobs and closure of 30 sites, due to a downturn in trade and large debts.
However, the administrators said the future of the other 129 clubs and 1,200 staff had been secured after the sale of the firm's remaining assets. These have been bought by a new company called Valiant Sports, which includes some of Rileys' existing directors. Read Full Story Here
March 23 2009 - 1,000 jobs
The Daily Mail and General Trust (DMGT) is to cut 1,000 jobs as the advertising slump continues to hurt newspapers.
The job cuts at its regional arm Northcliffe Media are more than double what it estimated last November, the media company said. Northcliffe Media publishes 113 papers in the Midlands and south of England, selling 4.1 million copies a week. It said it had a "difficult quarter" so far and expects a "substantial fall" in profits in the first half of 2009. The "vast majority" of the job cuts have already taken place or are currently under consultation, said a company spokesman. Read Full Story Here
March 19 - 133 jobs
Media buying and research group Aegis is to cut 5% of its global workforce – around 780 employees – as part of a £40m cost-saving plan to weather the downturn, as the group reported a 25.7% increase in underlying pre-tax profits in 2008. Aegis said 70 of the cuts would come from its UK operation.
63 jobs are to go in Omagh after timber firm Woodlock Joinery ceased trading. The company manufactured window frames, doors, conservatories and staircases, but had been experiencing "difficult trading conditions" in recent months.
March 18 2009 - 200 jobs
About 200 staff at Leeds-based 1car1 have already been made redundant, said administrators Pricewaterhouse Coopers. More Details Here
March 16 2009 - 100 jobs
TT Electronics, which makes electronic components for the automotive, defence and aerospace industry, will axe a further 500 jobs this year as demand collapses and profits halve - including about 100 in Britain.
March 13 2009 - 300 jobs
Hoover is ending 60 years of manufacture in south Wales with the loss of more than 300 jobs. The Merthyr Tydfil factory, which employs around 450 people making washing machines and tumble dryers, will close tomorrow following a 90-day consultation period. A statement said: "There was no escaping the conclusion that our Merthyr Tydfil manufacturing facility could not produce competitively priced laundry products".
March 12 2009 - 652 jobs
A total of 400 redundancies have been made at Wrekin Construction Group after it went into administration. Administrators Ernst & Young said the redundancies at bases across Shropshire, Yorkshire, Northamptonshire and Cheshire were announced on Tuesday. A skeletal staff of 70 has been kept on at the Shropshire headquarters to help administers "wind down the business", a spokesman for the accountants said. Wrekin said it had millions of pounds of orders but had cash flow problems. It was announced on Tuesday that the firm had gone into administration. The firm blamed Royal Bank of Scotland (RBS) for its predicament because the bank would not extend credit to cover cash-flow problems. However, RBS said Wrekin was unsustainable due to "creditor pressure". Wrekin also has subsidiaries in Staffords9hire and Scotland.
Technology firm NCR is to end manufacturing work in Dundee with the loss of about 252 jobs. The ATM manufacturer blamed "unprecedented contraction in the global economy" for the cuts. Engineering, manufacturing, marketing and support staff will be affected by the reductions in the workforce.
March 11 2009 - 684 jobs
Renishaw, the precision engineering group, announced plans to make more than a fifth of its workforce, 500 staff, redundant just weeks after persuading staff to take a 20pc pay cut.
Birmingham fixtures firm Savekers was forced into administration with the loss of 34 jobs.
Tesco closed its Fastway distribution depot at Daventry, Northamptonshire, with the loss of 150 posts.
March 10 2009 - 500 jobs
MEN Media, the publisher of Guardian Media Group's Manchester Evening News and 22 weeklies, told staff 150 jobs will go and all weekly editorial offices will be closed.
Design and engineering consultancy Scott Wilson confirmed up to 350 UK jobs will be cut.
March 6 2009 - 20 jobs
The Pirelli tyre company made 20 redundancies at its Carlisle plant and cut working hours.
March 5 2009 - 1789 jobs
Catalogue firm Freemans Grattan confirmed plans to shut three of its British sites, with the loss of 1,000 jobs, after a review of the business by its German owners.
Broadcaster Channel Five will cut 87 jobs as part of restructuring plans.
The National Trust for Scotland will cut more than 90 jobs, about a fifth of its workforce, because of the economic slowdown.
East Midlands Trains said it was cutting 162 jobs, hitting management, clerical and supervisory roles.
Princess Yachts, the luxury boat firm, said it was cutting up to 450 jobs in Plymouth because of the current economic climate.
March 4 2009 - 1,520 jobs
ITV has announced it is cutting 600 jobs across its business, and plans to make other "significant" savings. The announcement came as ITV reported a loss of £2.7bn for 2008 after a huge write-down in the value of its assets.
More than 560 jobs will go in south Wales after an aluminium factory and a car parts manufacturer said they had been hit by the economic downturn. Novelis said its aluminium sheet mill in Rogerstone, Newport, will close by the end of April with 440 job losses.
IMI, an engineering group which makes drinks dispensers and air conditioning units, said it has cut 250 jobs in the UK since December.
Royal Bank of Scotland said it was cutting 90 jobs at its offshore centres, which include Jersey, Guernsey, the Isle of Man and Gibraltar.
Accountancy and consulting group KPMG said it would make 20 people redundant in its Belfast operation.
March 3 2009 - 1055 jobs
More than 300 jobs are set to go with the closure of the Indesit washing machine factory in Denbighshire. In a statement, the company blamed the "continuing decline" in the market for the plan to close the factory at Kinmel Park in Bodelwyddan. It said closing the plant was the only "feasible" option for the company to remain competitive in the UK.
Meggitt, the Bournemouth-based engineering and aerospace group, said it planned to axe up to 750 jobs in as part of a programme to cut by about £50m a year.
March 2 2009 - 690 jobs
Engineering group Senior said it will cut 500 jobs in the first four months of 2009, taking total redundancies since the start of the final quarter of 2008 to 1,000.
More than 100 staff at regional UK airports will be made redundant. Manchester, East Midlands, Bournemouth and Humberside airports will all shed staff because of the fall in passneger numbers, acccording to owner Manchester Airports Group.
90 staff were made redundant at Shoe Studio, despite administrators selling the business to Dune.
February 26 2009 - 3950 jobs
GKN, the British car and aircraft parts maker, warned it will axe a futher 2,400 jobs this year as the collapse in demand for new cars intensifies.
RSA Insurance said it will cut 1,200 UK jobs by the middle of next year, despite reporting a 13pc rise in pre-tax profits to £759m.
British aircraft services firm BBA said it will cut 350 jobs to face the economic downturn as it reported full-year results in line with estimates.
February 25 2009 - 195 jobs
Standard Life has announced 195 job losses, blaming changes in the way financial products are sold.
February 24 2009 - 500 jobs
Mobile phone operator Vodafone has announced plans to cut about 500 jobs in the UK in an effort to reduce costs.
February 20 2009 - 450 jobs
Law firm Allen & Overy is expected to cut 450 jobs this year in a £44m restructure in response to the global recession.
February 19 2009 - 2,938 jobs
The administrators of two fashion and footwear firms owned by JJB Sports - the OSC and Qube chains - are cutting 438 jobs.
2,500 jobs are being axed by Stylo - owner of shoe shop chains Barratts and Priceless.
February 17 2009 - 935 jobs
GKN, the British car and aircraft parts maker, dealt another blow to Britain's manufacturing industry after revealing plans to axe 564 jobs.
International Paper is to close its Inverurie paper mill in Aberdeenshire with the loss of 371 jobs.
February 16 2009 850 jobs
BMW Mini makes 850 people redundant with 1 hours notice * February 12 2009 - 1,107 jobs
Skills Development Scotland, set up to help people deal with job losses, announced that it was making 160 staff redundant.
Joseph Pickering and sons, a packaging company in Sheffield closed after 185 years - will the loss of 42 jobs.
Oxford Instruments blamed a downturn in industrial markets for its decision to shut two overseas facilities and cut 230 jobs, or 15pc of its work force.
Iron maker Castings saw its shares tumble by 12pc, after announcing 350 jobs had been cut and warning of more to come if conditions did not improve.
Pioneer, the Japanese electronics group, announced it was closing its loss-making flat TV business and would axe 10,000 staff worldwide, with 220 jobs from its UK workforce.
Plumbing group BSS said it expects to reduce its workforce 5pc below its peak levels of 5,000 workers. However, it also expects to create 145 jobs - a net loss of 105 positions.
February 11 2009 443 jobs
News International said it will cut 65 editorial jobs across its four national newspapers, which include The Sun and The Times.
Cash and carry retailer Makro announced plans to close three UK stores, in Coventry, Wolverhampton and Swansea, and cut 378 jobs.
February 10 2009 - 2,974 jobs
Royal Bank of Scotland is to cut 2,300 jobs in the UK, the company has announced.
Luxury carmaker Bentley said it is was also cutting 220 jobs and revealed all staff will take a 10pc pay cut.
DLA Piper said it was cutting a further 140 job cuts in the UK after launching a second round of redundancies.
City law firm Lovells revealed plans to cut up to 94 staff, while call-centre operator Sitel said it was making 220 employees redundant in Newcastle and Derby.
February 6 2009 1,150 jobs
Ford, the US car maker, is to cut 850 jobs in the UK amid the worsening slump in the industry.
Bombardier, the plane and train-maker, axed 300 jobs at its Belfast factory as demand for its executive jets fell.
February 05 2009 - 1,152 jobs
The administrators of music, games and DVD chain Zavvi have said a further 17 stores will be closed, with 242 jobs being lost.
Between 400 and 500 of the posts are to go at the Transit plant in Southampton. The firm said it hoped the losses would be met through voluntary redundancies.
Anthony Worral Thompson closes four restaurants making 60 people redundant
February 04 2009 - 215 jobs
Workers at Denby Pottery in Derbyshire were told 35 posts were being cut, as a result of a fall in retail sales.
South West Trains revealed that a further 180 jobs were being cut, having already axed 480 roles last month.
February 2 - 167 jobs
Axeon, the battery developer, said it was cutting 200 jobs - with about 25 in Dundee.
Components maker Mahle Engine Systems also announced 142 jobs losses at its plant in Kilmarnock.
January 29 2009 - 2,345 jobs
The administrators of Zavvi, the music, games and DVD chain have announced the immediate closure of another 15 stores, with the loss of 295 jobs. They have now closed 55 UK stores, with 826 job losses, since the company went into administration on Christmas Eve.
Industrial materials group Cookson said it was cutting 1,250 jobs and scrapping its dividend in response to plunging steel markets.
Kitchenware retailer ProCook hit out at "extortionate and ever-increasing business rates" today following its decision to close 18 stores with the loss of about 100 jobs.
Power firm E.ON is to cut 450 jobs, mainly in its retail division. It plans to introduce "leaner and more efficient processes" and said it would try to ensure most redundancies are voluntary
Nearly 130 jobs are to go at food company Serious Foods after it appointed PwC as administrator
Linklaters, the world's second-largest law firm, is set to cut up to 120 junior lawyers in its London office in response to a sharp fall in demand for commercial legal services
January 28 2009 - 1,205 jobs
The recession reached the refined environs of 181 Piccadilly yesterday when Fortnum & Mason said that it was cutting jobs. The upmarket London retailer said that it was consulting staff but would not comment on how many redundancies could be involved. However, it is thought that about 55 staff, or 10 per cent of the workforce, will be made redundant.
Shop Direct One of the UK's biggest home shopping and online retailers is to close its Merseyside call centre, with the loss of 1,150 jobs.
January 27 2009 - 2,100 jobs
Clariant cuts another 1,000 jobs; the company, which operates sites in the north of England, Wales and Scotland, announced this morning that it is taking steps to respond to the economic downturn.
The engineering industry was dealt a body blow as Perkins Engines and Charter International cut more than 1,000 jobs.
January 26 2009 - 2,600 jobs
Corus the Steel Manufacturing company announces 3,500 job cuts; 2,500 of which will be in the UK
A further 36 Adams Childrenswear stores are to close across the UK and Republic of Ireland, with the loss of 267 jobs, the firm's administrator has said.
Thirty-three Land of Leather stores will close with the loss of 100 jobs, administrators say.
January 25 2009 - 1,017 jobs
Ulster Bank said the move to amalgamate 60 branches of mortgage provider First Active would mean cutting up to 550 staff in the Irish Republic and up to 200 in Northern Ireland, Reuters reports
January 23 2009 - 520 jobs
Engineering design company Atkins is cutting 260 jobs in the UK
260 people will lose their jobs when the electronics manufacturer Tyco closes its Swindon office and shifts to the Czech Republic
January 21 2009 - 1000 jobs
TT Electronics, a UK-based electronics company, announced plans to axe 700 jobs as demand for new technology collapses.
J Sainsbury announced plans to restructure its London head office in a move that could lead to up to 300 job cuts.
January 25 2009 - 1,400 jobs
GKN, the British car and aircraft parts maker, will reveal that more than 1,400 of its staff have lost their jobs in the wake of the manufacturing slump.
January 20 2009 - 1110 jobs
Burberry plans to cut around 540 jobs in the UK and Spain, as the luxury brand becomes the latest company to cut costs in the face of the deepening recession. Burberry is in consultation to close a sewing factory in Rotherham, which could result in the loss of 290 jobs. The other 250 jobs will go in Spain.
Vion, a Dutch-owned international food company, is to axe 820 British jobs under plans to restructure its UK meat business.
January 15 2009 - 480 jobs
South West Trains, run by train operator Stagecoach, said it was to axe 480 jobs, including managerial staff, blaming an expected fall in passenger numbers because of the economic downturn.
January 14 2009 - 3433 jobs
Pharmaceuticals group Pfizer said it will cut up to 240 UK jobs
Manufacturing group Fenner cut 290 positions.
Barclays said it was consulting on a further 2,100 jobs cuts, this time at its retail, commercial banking and credit card units.
Jaguar Land Rover, the troubled car maker, said it would cut 450 jobs,
Administrators to Zavvi, the record chain formerly known as Virgin Megastores, closed a further 18 stores, with the loss of 353 jobs .
January 13 2009 - 3460 jobs
Barclays slashed 2,130 positions across its investment banking and investment management divisions – equivalent to about 7pc of its headcount.
SIG, the building supplier, also revealed it has cut 720 jobs in the UK and 280 in the rest of Europe, as it battles the downturn in the housebuilding industry.
Home Retail Group, the owner of Argos and Homebase, said it would cut 210 staff at a distribution centre in Manchester.
Aga Rangemaster, the maker of the Aga cooker, said it had reduced its workforce by around 400 jobs in the last year.
January 12 2009 - 2142 jobs
JCB, the digger manufacturer, said that 695 jobs would be lost as the lack of available credit from banks had meant that its customers had been unable to afford new diggers.
Publisher Pearson said that around 80 jobs will go at the Financial Times.
865 jobs were axed through the closure of two sites operated by logistics giant Wincanton, union leaders confirmed.
The GMB said 450 jobs will be lost at Trafford Park in Manchester and a further 550 at Gloucester through a merger with another logistics firm,
Culina. More than 300 staff at troubled china and crystal maker Waterford Wedgwood lost their jobs, administrators confirmed. A total of 367 workers were made redundant, the majority at the company's site in Barlaston, Staffordshire, Deloitte said.
January 11 2009 - 1900 jobs
Celebrations 1,400
Southeastern 300
Bovis 200
January 8 2009 - 2788 jobs
Nissan, the Japanese carmaker and a large UK manufacturer, delivered a big blow for the North East and the wider economy as it cut 1,200 jobs at its plant in Sunderland.
The administrator of Zavvi, the music, games and DVD retailer, closed 22 stores with the loss of 178 jobs.
Barclays 400
Bank Of Ireland 600
FG Wilson 250
Fintec 150
January 7 2009 - 2,638 jobs
Barclays said it would cut 408 jobs in its UK technology departments. The bank said a review of its IT operations will see about 158 permanent staff and 250 contractor positions go, mainly in Cheshire and London.
Marks & Spencer announces plans to cut 1,230 jobs, close more than 25 stores and scale back investment as shoppers abandoned one of Britain's biggest high street names over Christmas.
Cattles, the subprime lender, said it plans to cut 1,000 jobs as it faces up to an "uncertain funding environment", including 400 jobs at its Hull office.
January 6 2009 - 27,000 jobs Woolworths' last 200 UK stores closed their doors for good, leaving more than 27,000 people unemployed.
January 5 2009 - 1045 jobs
PricewaterhouseCoopers said 850 jobs would be lost at children's clothing retailer Adams, after 111 stores were shut.
Another 195 jobs were lost at the Passion for Perfume chain after the 45-store retailer collapsed into administration.
December 23 2008 - 280 jobs
Men's fashion chain The Officers Club fell into administration on December 23. Accountancy firm PricewaterhouseCoopers took charge of the company, axing 280 jobs and shutting down 32 of its 150 stores with immediate effect.
December 17 2008 - 750 jobs
Bus and train operator National Express reveals it will cut up to 750 jobs in a bid to save £15m next year, after the weakness of the pound cost the company £90m in the second half of the year.
December 16 2008 - 54 jobs
HP Bulmer Ltd told staff at its factory in Hereford that 54 jobs would be lost from the bottling line.
December 12 2008 - 2,600 jobs
Santander, the Spanish owner of Abbey, Alliance & Leicester and Bradford & Bingley, announced plans to cut 1,900 jobs at the three British banks next year.
Seven hundred staff at Entertainment UK (EUK), the CD and DVD distribution arm of Woolworths, lose their jobs after a buyer for the division could not be found.
December 8 2008 - 150 jobs
British Airways announced plans to cut a further 100 jobs taking the number of redundancies at the firm past 500 this year.
Postman Pat owner Entertainment Rights said it planned to cut 50 jobs , a third of its workforce, as it revealed the collapse of Woolworths had left it around £800,000 out of pocket.
December 5 2008 - 450 jobs
Administrator Deliotte said that 450 jobs will go from Woolworths' "support operations" in London and Rochdale. The two offices employ more than 1,100 staff. There have been no redundancies in the retailer's high street stores, its distribution centres or at EUK.
December 4 2008 - 4,800 jobs
Nomura, the Japanese broker, said it would cut up to 1,000 jobs in London following a takeover of failed Wall Street giant Lehman Brothers' operations.
HMRC announced plans to sack 3,400 tax officials as banks shed workers
Homeware and gift retailer The Pier went into administration on December 4. The chain has 31 stores and 17 concessions across the UK and employs around 400 people.
December 3 2008 - 794 jobs
GlaxoSmithKline, the UK's largest pharmaceutical company, said it would be cutting 200 jobs at its North East manufacturing site. The redundancies at Barnard Castle, County Durham, which employs about 1,000 staff, will be made over the next 12 to 18 months.
Experian, the company that runs credit checks, revealed its intended to cut 300 jobs from its operations in Britain and Ireland.
About 200 people lost their jobs after JA Magson, the toy and stationary distributor, collapsed into administration.
Pinnacle Entertainment also went into administration with the loss of 94 jobs .
December 2 2008 - 817 jobs
Glasgow-based Bowie Castlebank Group, which includes photo-processing chains Klick Photopoint and Max Spielman and dry cleaner William Munro, said it was shedding 817 jobs across its businesses after being placed in administration.
December 1 2008 - 2,000 jobs
Aston Martin said it was planning to axe up to 600 full-time and temporary jobs because of the downturn in the world economy, hitting the company's factory at Gaydon in Warwickshire.
Car accessory and bicycle retailer Halfords confirmed that about 200 posts would be cut across its network of more than 450 stores, along with 50 more at its head office in Redditch, Worcestershire.
HSBC cut 500 jobs across the UK from non-customer facing positions.
Investment bank Credit Suisse said it was shedding 650 staff , approximately 10pc of its British workforce.
November 28 2008 - 800 jobs
Another 100 jobs cuts were announced at The Independent newspaper titles after it was announced that its back-office operations will be combined with Associated Newspapers and its staff will move into the Daily Mail-owner's Kensington headquarters.
Aon Corporation, the world's largest insurance broker, unveiled plans to slash up to 700 jobs following the acquisition of its rival Benfield Group.
November 26 2008 - 1,200 jobs
Furniture retailer MFI was placed into administration on November 26. The retailer employed about 1,200 employees across 111 stores
November 20 2008 - 590 jobs
Rolls-Royce, the defence and aerospace group, shed 140 UK jobs at its assembly and test facility in Derby as part of a move to axe up to 2,000 jobs globally.
BAE Systems is cutting 200 jobs, predominantly at plants in Newcastle, Leeds, Leicester, Barrow and Telford due to falling demand for aerospace and defence manufacturing.
AstraZeneca, the UK's second largest pharmaceutical company, is to axe 250 jobs in Macclesfield as part of a move to shed 1,400 jobs globally.
November 19 2008 - 900 jobs
Insulation and roofing materials group SIG axed 900 jobs, the majority of them in the UK and Ireland, as it becomes yet another victim of the slowdown in the construction sector.
November 18 2008 - 90 jobs
Denis O'Brien, a major shareholder in Independent News & Media, called on its management to re-evaluate their salaries, after the newspaper group said it would cut 90 jobs at The Independent newspaper.
November 17 2008 - 1,815 jobs
Global banking giant Citigroup announced plans to axe 1,500 UK jobs in Canary Wharf as part of plans to cut 52,000 jobs in the next six months, as it attempts to reduce its cost base by 20pc in the wake of $20.8bn of losses in the last 12 months as a result of the continuing financial crisis.
Avis Europe said it would axe 315 jobs, mostly in the UK, as it warned full-year profits would not match the previous year.
November 13 2008 - 6,398 jobs
JCB revealed plans to lay off 398 staff despite efforts to stave off further redundancies following a landmark agreement with employees last month that saved hundreds of jobs.
Telecoms giant BT cut a further 6,000 jobs in another blow to the British economy.
November 11 2008 - 5,320 jobs
Virgin Media, the content and communications group, revealed plans to slash 2,200 jobs, or 15pc of its workforce, under a sweeping restructure.
GlaxoSmithKline announced plans to cut 620 jobs at its Kent manufacturing site, blaming the "fiercely competitive environment" within the pharmaceutical industry.
Yellow Pages directories firm Yell warned it expected to lose another 1,300 jobs from its business over the coming year
Housebuilder Taylor Wimpey confirmed it had axed a further 1,000 jobs . It said property sales slumped by 27pc since the beginning of July. Taylor Wimpey has cut nearly 1,900 in the UK this year.
Technology firm Psion announced more than 200 job cuts after the company warned on profits.
November 10 2008 - 800 jobs
Cable & Wireless axed 700 jobs from its 6,800-strong British workforce following its merger with Thus.
Dairy Crest, which manufactures Cathedral City cheese among its many products, announced the loss of 100 jobs at its head office in Esher, Surrey, as it continued to negotiate with unions over the potential closure of its Nottingham dairy, which employs 215 people.
November 8 2008 - 700 jobs
Babcock Marine announced plans to cut 300 posts at Devonport Dockyard, Plymouth's largest business employer, to cut costs.
Corus, the steelmaker, will be cutting 400 posts from its distribution business. The redundancies will be spread across Britain, with 100 in the West Midlands, almost 100 in Shotton, north Wales, 50 in south Wales, 50 in Leeds and the rest in other parts of the country.
October 28 2008 - 500 jobs
Credit Suisse said it was cutting 500 jobs as it struggled to cope with losses on investments and a fall in investment banking business.
October 23 2008 - 660 jobs
Goldman Sachs announced plans to cut 10pc of its worldwide workforce as a result of the continued downturn in a number of its core banking markets. Reports said 600 jobs could go in London, where Goldman employs 6,000 people.
Rightmove, Britain's biggest property search website, said it was cutting 20pc of its 300-strong workforce after admitting that the housing market will not recover next year.
October 14 2008 - 600 jobs
Cadbury said it would make about 600 employees redundant as part of a restructuring that will lead to the departure of two of its four regional business heads globally.
October 3 2008 - 2,000 jobs
Swiss bank UBS confirmed plans to cut 2,000 jobs from its investment banking unit and "reposition" the division to reduce costs and improve efficiency.
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Send your CV to us at WoWMyCV(UK) for our FREE CV Review Service and one of our experienced Career Consultants will give you extensive feedback. To receive a FREE CV Review from WoWMyCV(UK) first send us your CV via email to office@wowmycv.co.uk then call us on 01603 490-102 where one of our team will be standing by to help you.