Crunch Victims » Banking

422 I.T. Jobs to go at Barclays.

Cruvic — Fri, 13 Jan 2012 21:35:43 +0000

5000 investment bank jobs to go at RBS.

Cruvic — Mon, 09 Jan 2012 19:59:55 +0000

Source: Derek Alexander at Daily Record

3500 more people will lose their jobs at RBS.

Cruvic — Sat, 04 Sep 2010 23:51:17 +0000

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 £2.5bn.

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

Related Web Links:

Lloyds Banking Group chop another 700 jobs.

Cruvic — Tue, 24 Nov 2009 20:43:59 +0000

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

Is it me or are there less job losses?

Cruvic — Thu, 13 Aug 2009 13:03:53 +0000

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

Lloyds Group to sack another 1200 people.

Cruvic — Thu, 16 Jul 2009 19:17:34 +0000

Lloyds 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
Related Web Links:

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.

Lloyds Group to fire another 2100 employees.

Cruvic — Tue, 30 Jun 2009 21:54:44 +0000

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

Lloyds Group to cull a further 240 offshore banking jobs.

Cruvic — Wed, 24 Jun 2009 16:44:55 +0000

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

4655 jobs gone in 24 hours.

Cruvic — Wed, 17 Jun 2009 20:56:31 +0000

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.

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.

Penske Logistics to cut 100 jobs.
Delphi closes Vandalia plant, cuts 116 jobs.
Norske Skog plans to cut 600 jobs.

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 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.

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

1 week 55 companies lay off 20000+ people.

Cruvic — Mon, 15 Jun 2009 21:27:48 +0000

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