Saturday, Nov 15, 2008
How will Job Centre Plus cope with this lot then?
Evening Standard via SOTT: UK: 20,000 jobs go in one week
London bankers were facing a new wave of redundancies today as Britain headed for 20,000 job losses in five days.
Citigroup is to send redundancy notices to 10,000 workers worldwide, many in Canary Wharf, while Royal Bank of Scotland is to shed 3,000 investment bankers, including hundreds in the City, within a month. In addition, Clydesdale and Yorkshire banks are to axe 350 jobs next year, the union Unite said today.
The scale of the cuts means 20,000 jobs have gone across the country since Monday as the economic downturn strengthens its grip and sends unemployment soaring.
In just a week some of the country's biggest names - including BT, Virgin Media, GlaxoSmithKline and Taylor Wimpey - have slashed jobs.
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
No comments have been submitted.
Be the first person to add your comment by completing the form below.