Job Cuts

  • PoliticsAOL

    1,000 jobs to be axed by council

    The country's biggest local authority is to axe a further 1,000 jobs this year because of spending cuts. Birmingham City Council has already reduced its staffing by a third since 2010, and its leader has warned of the "end of local

  • TechnologyAOL

    Blockbuster DVD rentals to end

    Rentals of DVDs and games at Blockbuster will end from this weekend as its 153 remaining stores face the axe with the loss of more than 1,200 jobs. Administrators confirmed the closure of 62 outlets, with 91 more also doomed if a buyer cannot

  • BusinessAOL

    Hewlett-Packard to axe 1,100 in UK

    Technology giant Hewlett-Packard plans to cut more than 1,100 jobs at a number of UK sites in the new year, according to union leaders. Unite said the US-based firm will axe 1,124 posts in Bracknell, Sheffield and Warrington, as well as among

  • NewsAOL

    Anger as 250 jobs go in RBS cuts

    Almost 250 jobs are to be cut by the Royal Bank of Scotland in a move described as "devastating" for affected staff. The bank said it will ensure that compulsory redundancies will be kept to a minimum when the jobs go from sites in

  • BusinessAOL

    HMV boss goes in latest job cuts

    HMV boss Trevor Moore has become the latest casualty of another swathe of redundancies at the failed music chain. Mr Moore was one of 60 staff let go by administrators Deloitte across HMV's head office network at Eastcastle Street in London,

  • BusinessAOL

    Peugeot announces huge losses and factory closure

    PSA Peugeot-Citroen (to give the company its official title) has said it is currently losing £90 million per month and will close its big Aulnay factory near Paris and reduce output at its Rennes factory as well, with a total loss of 8,000 jobs.

  • NewsAOL

    £1.1bn less tax recouped after cuts

    Job cuts among revenue officials meant £1.1 billion less unpaid tax was recouped than could have been, a public spending watchdog said. The influential public accounts committee praised an HM Revenue and Customs crackdown which has brought in an