Banking

HBOS Crooks!

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Source: Sky News

Banking, Investment

UBS layoff 10000 employees.

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Source: Sky news

Banking, Investment

Clydesdale and Yorkshire bank cutting 1400 jobs.

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Source Link: BBC News

Banking, Loss making

422 I.T. Jobs to go at Barclays.

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Source: The Register

Banking, IT Sector

5000 investment bank jobs to go at RBS.

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Source: Derek Alexander at Daily Record

Banking, Investment

3500 more people will lose their jobs at RBS.

In an announcement to staff in its business centres across Britain, RBS said it was cutting another 3500 jobs, taking the total number of UK-based staff made redundant to 20600.

So far 9000 positions at RBS business centres have disappeared, with back office staff in call centres and IT departments making up the larger part of the redundancies as the bank looks for an annual saving of ÂŁ2.5bn.

Among the new cuts, around 1500 are related to RBS’s sale of 318 bank branches to Spain’s Santander.

Total losses = 3500

Source: Telegraph.co.uk

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Banking, Financial, Investment

Lloyds Banking Group chop another 700 jobs.

The trade union Accord has announced this morning that 700 jobs are set to go at Lloyds Banking Group’s offices in Aylesbury, Buckinghamshire.
Since its merger with HBOS last autumn, Lloyds has axed thousands of jobs due to overlap within the megabank.

The news comes just two weeks after the banking giant, which is 43% owned by the taxpayer, announced it would axe 5000 jobs by the end of 2010 – these were in addition to the 10000 already axed this year.

Source: Kay Murchie of Financial Markets

Total losses = 700

Grand Total 2009 = 15000

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Banking, Financial

Is it me or are there less job losses?

For those who visit regularly you may have noticed that we are not updating or creating posts everyday. This is mainly because there do not seem to be as many companies laying off people such as they were 6 months ago.

Source: Layoff Tracker

Whyte & Mackay cuts 85 jobs
State of Pennsylvania layoffs 250 employees
Engineering firm CHA layoffs 57 employees cuts salary
German utility company E.ON plans to cut 2000 jobs
Artex Aircraft Supply layoffs 113 workers
RM International layoffs 109 workers
Crow Tribe layoffs 200 employees
Ulster Bank cuts 250 jobs
Ballard Power cuts 85 jobs
Terex Corporation cuts 170 jobs
Trinity Marine Products layoffs 235 employees
Korea’s Ssangyong Motor finalizes 2600 layoffs
VSP cuts 43 jobs
Miami Herald Media Company cuts 34 jobs

Total losses = 6231

Aeroplane makers, Automotive, Banking, Motor, Newspaper

Lloyds Group to sack another 1200 people.

LloydsTSB LogoLloyds TSB is to cut a further 1200 jobs bringing the total to nearly 8500 this year. The latest job cuts are in group operations and insurance divisions.

Total losses = 1200
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Lloyds Group to fire another 2100 employees.

Lloyds Group to cull a further 240 offshore banking jobs.

Lloyds TSB to axe 625 bank staff.

Lloyds Banking Group cutting 985 jobs.

Banking, Financial, Insurance

Lloyds Group to fire another 2100 employees.

LloydsTSB Logo

They have slashed almost 5000 jobs so far this year, but that didn’t stop management announcing another 2100 employees to go in the nex three years bring the total to over 7100.

Total losses = 2100

Banking, Financial

Lloyds Group to cull a further 240 offshore banking jobs.

Lloyds Bank Group

182 Lloyds posts are going to be lost from operations in Jersey, with the rest of the staff affected in the Isle of Man and Guernsey.

Total losses = 182

Banking, Financial, Investment

4655 jobs gone in 24 hours.

WSU Logo

Washington State University layoffs 360 full-time jobs and three academic programs to reduce its budget by $54 million, or more than 10%, over the next two years.

Ryan Air Logo
Irish low-cost Ryanair cuts 650 jobs in Ireland, blaming the move on government hikes in taxes amid a deep recession in the eurozone member nation.

logo_penske
Penske Logistics to cut 100 jobs.
Delphi closes Vandalia plant, cuts 116 jobs.
Norske Skog plans to cut 600 jobs.
bank-of-america
Bank of America layoffs 81 in Tampa.
University Hospitals in Iowa will layoff 130 employees.
Dean Foods closes PET Dairy operations, cuts 120 jobs.
Lockheed Martin cuts 750 jobs.
Jostens layoffs 185 employees.
MICHELIN_LOGO
Michelin to cut 2800 jobs in France through early retirement and voluntary redundancies in the next three years, sparking concern from the government.
Evonik Cyro layoffs 35 workers.

myspace_logo2
The slowdown in spending is still finding new victims – most recently MySpace. The social networking giant currently owned by media conglomerate News Corp. will be losing around 30% of its US workforce over the next few weeks, which aquates to about 400 employees.

Total losses in the past 24 hours = 4655

Aeroplane makers, Airlines, Animal Services, Banking, Education, Financial, Transport

1 week 55 companies lay off 20000+ people.

Girtz Industries to layoff 60 in Indiana.
Boston Redevelopment Authority  to cut 30 job.
Watson Pharmaceuticals cuts 275 jobs.
Vacumet Corp layoffs 39 employees.
Volunteer Fabricators cuts 145 jobs.
Lockheed Martin to cut 535 jobs in San Jose.
CUNA Mutual Group cuts 52 jobs.
Guardian Life Insurance layoffs 39.
Premier Elkhorn Coal Company cuts 100 jobs.
United Methodists eliminates 50 minutes.
Transcontinental layoffs 250 workers.
General Motors cuts 38 Missouri dealers, 66 Illinois, 887 workers in Wentzville.
Symmetricom layoffs 30.
Frontier Financial Corp cuts 45 jobs.
Cessna to cut 1300 more jobs.
American Airlines cuts 1600 jobs.
UTStarcom cuts 2300 jobs worldwide.
Carlson Craft layoffs 114.
Shaw Group to cut 168 jobs by August.
Zimmer Holdings layoffs 100 in Warsaw.
H&H Foodservice Inc cuts 90 jobs.
Reynolds Packaging layoffs 158 employees.
Indevus Pharmaceuticals cuts 60 jobs.
Heifer International plans to layoff 20% of workforce.
Design Craftsmen layoffs entire workforce.
Cadence Design Systems cuts 225 jobs.
Meridian Automotive Systems cuts 200 jobs in India.
Ixia layoffs 10% of workforce.
Metalcraft closes Mayville facility, 121 jobs lost.
Quantum Engineering layoffs 88.
Crystal Dynamics cuts 25 jobs.
Keystone Findings closes Telford operations, 46 jobs.
Bass Berry & Sims layoffs 32 employees.
Ford Motors layoffs 350 workers at Louisville Plan.
Baxter Healthcare layoffs 65.
Advanced Steel layoffs 91 employees.
MeadWestvaco cuts 65 jobs in Wisconsin.
Lloyds Bank cuts 1660 jobs.
Ericsson layoffs 167 workers.
Capital Group layoffs 94 in San Antonio.
McAvoy Group layoffs 35, as the companies struggles with a slump in orders.
LM Glasfiber layoffs 80 workers.
Orgill Inc cuts 176 jobs.
Electrolux cuts 150 jobs.
Dassault Falcon layoffs 111 employees.
Suzlon might layoff 90 employees.
Lehigh Phoenix layoffs 54 employees. Lehigh Phoenix is the principal provider of cover components, overhead transparencies and juvenile book production for the publishing industry in the United States.
Intuit cuts 4% of workforce.
Georgia Gulf Corp cuts 100 jobs.
Newport Television cuts around 120 jobs.
Columbia Falls Aluminum closes plant, 90 jobs lost.
Nortech Systems layoffs 57 in Iowa. Nortech makes electronics equipment such as printed circuit-board assemblies, for three primary markets: aerospace/defense, medical and industrial.
One Communications Corp layoffs 60 in Rochester.
American Express
to cut 4000 jobs this year. The credit card and travel services company, plans to eliminate 4000 jobs, or 6 percent of its workforce, as the weakened economy causes higher customer defaults.

Total losses = +- 20000

Aeroplane makers, Aircraft Maintenance, Airlines, Banking, Blame it on ED!, Construction, Financial, Law, Motor, Pharmaceutical

All C&G branches closed by Lloyds with a loss of 1660 jobs.

C&G Logo

Lloyds Banking Group are continueing to let go hundreds of people. Today they announced they would close all 164 Cheltenham & Gloucester branche by the end of the year, which will cost 1660 people their jobs.

Bank of Scotland logo

They are also planning to drop Bank of Scotland and Intelligent Finance as mortgage brands, which will result in 159 job losses.

Banking

The Klaus Kneale Pink-Slip List (P-SL) for May 2009.

The following Pink-Slip List (P-SL) was compiled by Klaus Kneale.

Job Losses = 23704

May 30: Deere & Co lays off 89 in North Dakota and 16 in Louisiana as part of ongoing reductions.
May 29: Cintas projects worse than expected fourth quarter results and lays off 650 workers.
May 22: Monsanto lays off 55 in Mississippi as part of manufacturing facilities consolidation.
May 21: UPS’s airlines arm cuts 80 mechanics on slump in shipping volume.
May 19: Hewlett-Packard announces 17% decline in quarterly profit and reduces workforce by 2% (6400 workers).
May 19: Medtronic cuts executive pay by 5%, freezes salaries and slashes upwards of 1800 jobs.
May 18: American Express reduces global workforce by 6% (4000 jobs) adding to a 7000 employee cut announced last October.
May 15: Following review of operations announced in February, Nike cuts 1750 jobs (5% of total workforce).
May 15: Fruit of the Looma Berkshire Hathaway. A subsidiary pink-slips 80 in Alabama.
May 12: Applied Materials posts quarterly loss and increases previously announced job cuts by 300.
May 11: Dell slashes 260 jobs in North Carolina and blames the economy.
May 7: Cummins Indiana plant that supplies Chrysler and lays off 610 workers.
May 7: DuPont to December job cut of 2500 with another 2000 employee cut.
May 6: Wells Fargo freezes pension plans and fires 548 in North Carolina.
May 5: Microsoft pink-slips a second 5000 employees following its initial January layoff.
May 5: Allstate closes claims office in Florida and lays off 66 employees.

Banking, Computers, Courier, Hardware, Pink-Slips List, Shoes