The last week of January.
- Cookson, British-based industrial materials company cuts 1250 jobs. Cookson, supplies products used in the steel and ceramics industries, said its key markets had fallen by a quarter over the last two months.
- Electrocomponents, which trades as RS Components and is based in Corby, Northamptonshire, blamed the downturn for 430 job cuts.
- Solicitors Linklaters said the firm was cutting its UK staff by 100-120 lawyers and up to 150 business services staff.
- London Underground plans to cut 1000 jobs this year in non-operational areas such as finance and administration but said no tube drivers or other frontline staff would be affected.
- E.ON, one of Britain’s big six energy suppliers, became the latest utility to announce job cuts. The company said it was reducing its workforce by 450 people.
- Southern Water, said that to avoid job losses it was looking at a pay freeze for its 1600 staff.
- AOL (America Online) announce 700 job cuts or 10% of their work force.
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