Posts Tagged ‘job cut’
300000 Jobs Face Cut in Cutbacks
Tuesday, May 25, 2010 13:51 No CommentsAt least 300000 public sector jobs are at risk as George Osborne launches £513 million of cuts, the chancellor will announce, as he bids to make a dent in the country’s £163 billion forecasted deficit for 2010-11.
The Skills Funding Agency, which employs 1200 people, is likely to be shut, along with the Curriculum Development Agency, [...]
Shell Cut Jobs to Sharpen Up
Thursday, March 18, 2010 7:34 No CommentsRoyal Dutch Shell is axing a further 1000 jobs after admitting it had been slow to respond to the global slump. The Anglo-Dutch group, which has 100000 employees across the world, cut 5000 posts in 2009 and had already announced that the company is going to shed 1000 more jobs this year.
However, Peter Voser, chief [...]
1200 Jobs on the Line at AstraZeneca Drugs Lab
Monday, March 8, 2010 20:26 No CommentsAccording to the second biggest employer in Loughborough after the university—AstraZeneca, its drugs research center near Loughbourough in Leicestershir, is to close with the loss of up to 1200 jobs as part of it 8000 worldwide job cuts announced in Feburary.
The site will shut next year. The employees in the research center are offered the [...]
400 Jobs Saved
Tuesday, February 23, 2010 7:52 No Comments400 jobs could be saved as UK’s third largest driving school–the RED Driving School has been saved from the clutches of administrators by a last-ditch takeover by a private equity group.
The Private equity firm Kelso Place bought out LVG, which owns RED Driving School and RED Instructor Training, and announced that it had no plans [...]
Last Chapter for 1100 as Borders Closes
Friday, December 25, 2009 8:04 No CommentsBorders, the book chain, has closed after 12 years of trading, with the loss of 1100 jobs. At the group’s 45 Borders and Books Etc stores, customers had been picking over cut-price titles since MCR, the administrator, began a closing-down sale.
Borders went into administration in November after internet competition had put the business under pressure. [...]
200 Jobs Go as Ten Resturants Closed
Monday, October 19, 2009 7:27 No CommentsIt is unfortunate that due to the economic climate and difficult trading condition, a significant number of resturants were loss-making.
These days, more than 200 jobs were lost as administrators for the struggling Tootsies resturant chain just announced last night that they had closed ten eateries. BDO was appointed to oversee the chain, which includes Dexters [...]
Third of Vauxhall Workforce Facing Being Axed
Friday, September 25, 2009 16:26 No CommentsUnder plans, which are called by the unions as ‘a political stitch up’, nearly 31% of workers of Vauxhall, which is about 1375, are to be cut by the car-maker’s new owners.
According to the figures leaked yesterday, it is indiated that the job cuts at Vauxhall’s Ellesmere Port and Luton factories will be at [...]

