🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

FACTBOX-Job cuts announced in the UK since September

Published 04/07/2009, 11:00 AM
Updated 04/07/2009, 11:08 AM
HSBA
-
BARC
-
BP
-
TTEF
-
BHP
-
VMED
-
FERG
-
ABDN
-
HOME
-
BRBY
-
GSK
-
AV
-
BHPB
-
EMG
-
RR
-
VTYV
-
ULVR
-
SHI
-
PAGE
-
DMGOa
-
GKN
-
IMI
-
BT
-
ITV
-
HAYS
-
ATKW
-
MGGT
-
MCG
-
RSW
-
HSV
-
RS1R
-
DCG
-

April 7 (Reuters) - Part-nationalised British lender Royal Bank of Scotland said it could shed up to 9,000 jobs over the next two years, including 4,500 in Britain, as part of a shake-up of its back-office operations.

The actual number of job losses is expected be "significantly lower than this," and compulsory redundancies will be used only as a last resort, RBS said on Tuesday. It has already axed 2,700 jobs in the UK this year.

Following are details of major job cuts that have been announced in Britain since last September over and above the 28,000 financial services jobs that the Centre for Economics and Business Research believes were lost in London in 2008:

* Indicates global job losses where many or most cuts will be overseas COMPANY SECTOR NUMBERS DATE ------------------------------------------------------------------ E.ON Utility 400 Sept 16 ITV Media 1,000 Sept 30 Domino Printing Electronics 200* Oct 30 Carlsberg Drinks 170 Nov 5 Corus Steel 400 Nov 6 Dairy Crest Food 100 Nov 10 Virgin Media Media 2,200 Nov 11 BT Group Telecoms 10,000 Nov 13 Wolseley Plumbing 7,300 Nov 18 SIG Construction 900 Nov 19 Rolls-Royce Engine maker 1,500-2,000 Nov 20 British Polythene Packaging 165 Nov 25 GlaxoSmithKline Pharma 1,200 Nov/Dec Halfords Retailer 250 Dec 1 Aston Martin unlisted Auto 600 Dec 1 Unilever Consumer goods 100 Dec 1 Experian Support services 300 Dec 4 British Airways Airline 500 Dec 7 UBM Publishing 350 Dec 12 M J Gleeson Group Construction 174 Dec 12 National Express Transport 700-750 Dec 17 Woolworths Retailer 27,000 Dec 17 MFI unlisted Retailer 1,200 Dec 19 Adams unlisted Retailer 850 Jan 5 Passion for Perfume unlisted Retailer 194 Jan 5 Cattles Lender 1,000 Jan 7 Marks & Spencer Retailer 1,230 Jan 7 Nissan <7201.T> Autos 1,200 Jan 8 Hays Recruitment 350 Jan 8 Michael Page Recruitment 147 Jan 8 Bovis Homes Construction 200 Jan 9 Waterford Wedgwood

Household goods 367 Jan 12 JCB unlisted Construction 684 Jan 12 Aga Rangemaster Household goods 400 Jan 13 Jaguar Land Rover

Autos 450 Jan 14 Barclays Banking 4,600 Jan 14 Freemans Grattan unlisted Home shopping 1,000+ Jan 14 South West Trains Transport 480 Jan 15 Renold Industrial 350 Jan 16 Burberry Retail 290 Jan 20 Empire Direct unlisted Retail 350 Jan 21 TT Electronics (TTG.L> Electronics 700 Jan 21 Corus Steelmaker 2,500 Jan 26 Sofa Workshop unlisted Retail 170 Jan 26 St Ives Printing 170 Jan 26 Scapa Industrial 140 Jan 27 Thames Water Utility 300 Jan 28 Shop Direct unlisted Retail 900 Jan 28 Cookson Industrial 1,250 Jan 29 London Underground

unlisted Transport 1,000 Jan 29 KCom Telecoms 150 Jan 30 Ford UK Auto 850 Feb 5 WS Atkins Consultancy 930 Feb 11 Castings Engineering 350 Feb 12 Hyder Consulting Consultancy 400 Feb 12 Oxford Instruments

Electricals 230 Feb 12 Virgin Atlantic Airlines 600 Feb 12 BMW (Mini) Auto 850 Feb 16 GKN Auto 800 Feb 17 Zavvi unlisted Retailer 1,272 Feb 18 JJB Sports Retailer 438 Feb 19 Barratt Dev Housebuilder 700 Feb 25 Standard Life Life Assurance 232 Feb 25 RSA Insurance Insurance 1,200 Feb 26 Meggitt Aerospace up to 750* Mar 3 ITV Media 600 Mar 4 IMI Engineering 1,500* Mar 4 Renishaw Engineering 600 Jan/Mar Principles unlisted Retail up to 2,000 Mar 7 Home Retail Group Retail 300 Mar 12 Daily Mail Media 1,000 Mar 23 Go-Ahead Transport 800 Mar 25 HSBC Holdings Banking 2,800 Sept/Dec/Mar Man Group Hedge fund 270 March 26 BHP Billiton Ltd

Mining 400* March 26 Brawn GP unlisted Formula One 270 March 29 Man Group Hedge Funds 270 March 26 International Ferro

Metals Ltd Ferrochrome 135 March 31 Jarvis Plc Rail services 450 March 31 Homeserve Insurance 250 March 31 BP Energy 620* April 1 Bombardier Inc Train/aircraft 975 April 2 Aviva Plc Life insurer 1,100 April 2 Electrocomponents Electricals 470 April 3 Hampson Aerospace 150 April 3 DSG International

Plc Electricals retailer 486* April 3 RBS Banking 11,700* April 7 Notes: For companies that have had more than one round of job cuts, numbers are shown against the date of the most recent announcement and, where available, show the total number to date. (Compiled by UK equities team; additional writing and editing by Jijo Jacob and David Cutler)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.