Beorn
01-26-2009, 03:02 PM
Financial crisis: UK job losses
Since the start of October, thousands of jobs cuts have been announced across all sectors of the UK economy. Here is a roundup of the major losses so far and where they have occurred.
By Jamie Dunkley
Last Updated: 5:06PM GMT 21 Jan 2009
http://www.telegraph.co.uk/telegraph/multimedia/archive/01126/googlemap_1126626c.jpg
Click here to see the UK job losses plotted on a Google map (http://maps.google.com/maps/ms?ie=UTF8&hl=en&msa=0&msid=103813223147685278685.00045d271ce829e1e7123&ll=52.683043,-1.494141&spn=9.396916,18.69873&z=6)
As of today, British companies have announced the loss of 77,154 jobs in the past four months.
January 21 2009 - 1000 jobs
TT Electronics, a UK-based electronics company, announced plans to axe 700 jobs (http://www.telegraph.co.uk/finance/newsbysector/mediatechnologyandtelecoms/4307478/Technology-collapse-TT-Electronics-to-make-700-redundant.html) as demand for new technology collapses.
J Sainsbury announced plans to restructure its London head office in a move that could lead to up to 300 job cuts. (http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/4305118/Sainsbury-to-cut-jobs-in-head-office-restructuring.html)
January 20 2009 - 1110 jobs
Burberry plans to cut around 540 jobs in the UK and Spain, as the luxury brand becomes the latest company to cut costs in the face of the deepening recession. Burberry is in consultation to close a sewing factory in Rotherham, which could result in the loss of 290 jobs (http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/4295112/Burberry-to-cut-540-jobs-as-recession-deepens.html). The other 250 jobs will go in Spain.
Vion, a Dutch-owned international food company, is to axe 820 British jobs (http://www.telegraph.co.uk/finance/4296947/Food-supplier-Vion-axes-820-UK-jobs.html) under plans to restructure its UK meat business.
January 15 2009 - 480 jobs
South West Trains, run by train operator Stagecoach, said it was to axe 480 jobs (http://www.telegraph.co.uk/news/uknews/road-and-rail-transport/4247663/South-West-Trains-to-cut-480-jobs.html) , including managerial staff, blaming an expected fall in passenger numbers because of the economic downturn.
January 14 2009 - 3433 jobs
Pharmaceuticals group Pfizer said it will cut up to 240 UK jobs (http://www.telegraph.co.uk/finance/financetopics/financialcrisis/3542572/pharmaceuticals%20group%20Pfizer%20said%20it%20wil l%20cut%20up%20to%20240%20UK%20jobs%20and%20manufa cturing%20group%20Fenner%20cut%20290%20positions.) and manufacturing group Fenner cut 290 positions (http://www.telegraph.co.uk/finance/financetopics/financialcrisis/3542572/pharmaceuticals%20group%20Pfizer%20said%20it%20wil l%20cut%20up%20to%20240%20UK%20jobs%20and%20manufa cturing%20group%20Fenner%20cut%20290%20positions.) .
Barclays said it was consulting on a further 2,100 jobs cuts (http://www.telegraph.co.uk/finance/financetopics/recession/4240408/UK-jobless-rises-by-3000-as-Barclays-Jaguar-Land-Rover-and-Zavvi-wield-axe.html) , this time at its retail, commercial banking and credit card units.
Jaguar Land Rover, the troubled car maker, said it would cut 450 jobs (http://www.telegraph.co.uk/finance/financetopics/recession/4238912/Jaguar-Land-Rover-cuts-450-jobs.html) ,
Administrators to Zavvi, the record chain formerly known as Virgin Megastores, closed a further 18 stores, with the loss of 353 jobs (http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/4238629/Zavvi-closes-18-stores-and-cuts-353-jobs.html) .
January 13 2009 - 3460 jobs
Barclays slashed 2,130 positions across its investment banking and investment management divisions (http://www.telegraph.co.uk/finance/financetopics/recession/4229950/Barclays-and-SIG-unveil-further-2230-job-cuts.html) – equivalent to about 7pc of its headcount.
SIG, the building supplier, also revealed it has cut 720 jobs (http://www.telegraph.co.uk/finance/financetopics/recession/4229950/Barclays-and-SIG-unveil-further-2230-job-cuts.html) in the UK and 280 in the rest of Europe, as it battles the downturn in the housebuilding industry.
Home Retail Group, the owner of Argos and Homebase, said it would cut 210 staff (http://www.telegraph.co.uk/finance/financetopics/recession/4229950/Barclays-and-SIG-unveil-further-2230-job-cuts.html) at a distribution centre in Manchester.
Aga Rangemaster, the maker of the Aga cooker, said it had reduced its workforce by around 400 jobs (http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/4228661/Aga-sales-hit-by-housing-woes.html)in the last year.
January 12 2009 - 2142 jobs
JCB, the digger manufacturer, said that 695 jobs would be lost (http://www.telegraph.co.uk/finance/financetopics/financialcrisis/4224415/Thousands-of-jobs-go-in-bleak-day-for-UK-economy.html) as the lack of available credit from banks had meant that its customers had been unable to afford new diggers.
Publisher Pearson said that around 80 jobs will go at the Financial Times (http://www.telegraph.co.uk/finance/financetopics/financialcrisis/4224415/Thousands-of-jobs-go-in-bleak-day-for-UK-economy.html).
Around 1,000 jobs were axed (http://www.telegraph.co.uk/finance/newsbysector/industry/4222822/Logistics-company-Wincanton-axes-1000-jobs.html) through the closure of two sites operated by logistics giant Wincanton, union leaders confirmed. The GMB said 450 jobs will be lost at Trafford Park in Manchester and a further 550 at Gloucester through a merger with another logistics firm, Culina.
More than 300 staff at troubled china and crystal maker Waterford Wedgwood lost their jobs (http://www.telegraph.co.uk/finance/financetopics/financialcrisis/3542572/The%20GMB%20said%20450%20jobs%20will%20be%20lost%2 0at%20Trafford%20Park%20in%20Manchester%20and%20a% 20further%20550%20at%20Gloucester%20through%20a%20 merger%20with%20another%20logistics%20firm,%20Culi na), administrators confirmed. A total of 367 workers were made redundant, the majority at the company's site in Barlaston, Staffordshire, Deloitte said.
January 8 2009 - 1378 jobs
Nissan, the Japanese carmaker and a large UK manufacturer, delivered a big blow for the North East and the wider economy as it cut 1,200 jobs at its plant in Sunderland (http://www.telegraph.co.uk/finance/financetopics/financialcrisis/4176296/Nissan-to-cut-1200-jobs-in-Sunderland.html).
The adminstrator of Zavvi, the music, games and DVD retailer, closed 22 stores with the loss of 178 jobs (http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/4174821/Zavvi-closes-22-stores-with-loss-of-178-jobs.html).
January 7 2009 - 2,638 jobs
Barclays said it would cut 408 jobs (http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/4160620/UK-loses-further-1400-jobs-as-Barclays-and-Cattles-cut-staff.html) in its UK technology departments. The bank said a review of its IT operations will see about 158 permanent staff and 250 contractor positions go, mainly in Cheshire and London.
Marks & Spencer announces plans to cut 1,230 jobs (http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/4158323/MandS-to-cut-jobs-close-stores-as-shoppers-Christmas-sales-fall.html), close more than 25 stores and scale back investment as shoppers abandoned one of Britain's biggest high street names over Christmas.
Cattles, the subprime lender, said it plans to cut 1,000 jobs (http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/4160620/UK-loses-further-1400-jobs-as-Barclays-and-Cattles-cut-staff.html) as it faces up to an "uncertain funding environment", including 400 jobs at its Hull office.
January 6 2009 - 27,000 jobs
Woolworths' last 200 UK stores closed their doors for good, leaving more than 27,000 people unemployed (http://www.telegraph.co.uk/finance/financetopics/financialcrisis/3542572/Woolworths%27%20last%20200%20UK%20stores%20have%20 closed%20their%20doors%20for%20good,%20leaving%20m ore%20than%2027,000%20people%20unemployed.).
January 5 2009 - 1045 jobs
PricewaterhouseCoopers said 850 jobs (http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/4127845/MandS-lays-off-up-to-1000-staff-as-gloom-deepens.html) would be lost at children's clothing retailer Adams, after 111 stores were shut.
Another 195 jobs (http://www.telegraph.co.uk/finance/financetopics/financialcrisis/3542572/Meanwhile,%20195%20jobs%20have%20been%20lost%20at% 20the%20Passion%20for%20Perfume%20chain%20after%20 the%2045-store%20retailer%20collapsed%20into%20administrati on.) were lost at the Passion for Perfume chain after the 45-store retailer collapsed into administration.
December 23 2008 - 280 jobs
Men's fashion chain The Officers Club fell into administration on December 23. Accountancy firm PricewaterhouseCoopers took charge of the company, axing 280 jobs and shutting down 32 of its 150 stores with immediate effect.
December 17 2008 - 750 jobs
Bus and train operator National Express reveals it will cut up to 750 jobs (http://www.telegraph.co.uk/finance/newsbysector/transport/3811518/National-Express-to-cut-750-jobs.html) in a bid to save £15m next year, after the weakness of the pound cost the company £90m in the second half of the year.
December 16 2008 - 54 jobs
HP Bulmer Ltd told staff at its factory in Hereford that 54 jobs would be lost from the bottling line.
December 12 2008 - 2,600 jobs
Santander, the Spanish owner of Abbey, Alliance & Leicester and Bradford & Bingley, announced plans to cut 1,900 jobs (http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/3724800/Santander-cuts-1900-UK-bank-jobs.html) at the three British banks next year.
Seven hundred staff at Entertainment UK (EUK), (http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/3724066/Administrator-confirms-700-redundancies-at-EUK.html) the CD and DVD distribution arm of Woolworths, lose their jobs after a buyer for the division could not be found.
December 8 2008 - 150 jobs
British Airways announced plans to cut a further 100 jobs (http://www.telegraph.co.uk/finance/financetopics/financialcrisis/3660207/British-Airways-to-cut-a-further-100-jobs.html) taking the number of redundancies at the firm past 500 this year.
Postman Pat owner Entertainment Rights said it planned to cut 50 jobs (http://www.telegraph.co.uk/finance/newsbysector/mediatechnologyandtelecoms/3685557/Postman-Pat-owner-Entertainment-Rights-hires-new-chief-executive-and-cuts-third-of-all-staff.html) , a third of its workforce, as it revealed the collapse of Woolworths had left it around £800,000 out of pocket.
December 5 2008 - 450 jobs
Administrator Deliotte said that 450 jobs will go from Woolworths' "support operations" in London and Rochdale (http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/3568554/Former-Spurs-executive-makes-surprise-bid-for-Woolworths.html). The two offices employ more than 1,100 staff. There have been no redundancies in the retailer's high street stores, its distribution centres or at EUK.
December 4 2008 - 4,400 jobs
Nomura, the Japanese broker, said it would cut up to 1,000 jobs in London (http://www.telegraph.co.uk/finance/financetopics/financialcrisis/3542572/Nomura,%20the%20Japanese%20broker%20which%20has%20 been%20hit%20hard%20by%20the%20financial%20crisis, %20said%20it%20would%20cut%20up%20to%201,000%20job s%20in%20London%20following%20a%20takeover%20of%20 failed%20Wall%20Street%20giant%20Lehman%20Brothers %27%20operations%20there.) following a takeover of failed Wall Street giant Lehman Brothers' operations.
HMRC announced plans to sack 3,400 tax officials (http://www.telegraph.co.uk/finance/jobs/3550704/Job-cuts-HMRC-to-sack-3400-tax-officials-as-banks-shed-workers.html) as banks shed workers
December 3 2008 - 794 jobs
GlaxoSmithKline, the UK's largest pharmaceutical company, said it would be cutting 200 jobs at its North East manufacturing site (http://www.telegraph.co.uk/finance/newsbysector/epic/gsk/3545515/GlaxoSmithKline-to-cut-200-jobs-in-the-UK.html). The redundancies at Barnard Castle, County Durham, which employs about 1,000 staff, will be made over the next 12 to 18 months.
Experian, the company that runs credit checks, revealed its intended to cut 300 jobs from its operations (http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/3547140/Nomura-to-cut-1000-jobs-in-London.html) in Britain and Ireland.
About 200 people lost their jobs (http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/3547140/Nomura-to-cut-1000-jobs-in-London.html) after JA Magson, the toy and stationary distributor, collapsed into administration.
Pinnacle Entertainment also went into administration with the loss of 94 jobs (http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/3547140/Nomura-to-cut-1000-jobs-in-London.html) .
December 2 2008 - 817 jobs
Glasgow-based Bowie Castlebank Group, which includes photo-processing chains Klick Photopoint and Max Spielman and dry cleaner William Munro, said it was shedding 817 jobs across its businesses (http://www.telegraph.co.uk/finance/economics/3544018/UK-jobs-losses-hit-2817-in-three-days.html) after being placed in administration.
December 1 2008 - 2,000 jobs
Aston Martin said it was planning to axe up to 600 full-time and temporary jobs (http://www.telegraph.co.uk/finance/jobs/3539893/Jobs-go-at-Aston-Martin-and-HSBC.html) because of the downturn in the world economy, hitting the company's factory at Gaydon in Warwickshire.
Car accessory and bicycle retailer Halfords confirmed that about 200 posts would be cut (http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/3540198/Halfords-sheds-250-jobs-due-to-downturn.html) across its network of more than 450 stores, along with 50 more at its head office (http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/3540198/Halfords-sheds-250-jobs-due-to-downturn.html) in Redditch, Worcestershire.
HSBC cut 500 jobs across the UK (http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/3539764/HSBC-to-axe-500-UK-jobs.html) from non-customer facing positions.
Investment bank Credit Suisse said it was shedding 650 staff (http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/3539764/HSBC-to-axe-500-UK-jobs.html) , approximately 10pc of its British workforce.
November 28 2008 - 800 jobs
Another 100 jobs cuts were announced (http://www.telegraph.co.uk/finance/newsbysector/mediatechnologyandtelecoms/3535094/More-job-cuts-as-Indy-moves-in-with-Associated.html) at The Independent newspaper titles after it was announced that its back-office operations will be combined with Associated Newspapers and its staff will move into the Daily Mail-owner's Kensington headquarters.
Aon Corporation, the world's largest insurance broker, unveiled plans to slash up to 700 jobs (http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/insurance/3534824/Aon-to-cut-700-jobs.html) following the acquisition of its rival Benfield Group.
November 20 2008 - 590 jobs
Rolls-Royce, the defence and aerospace group, shed 140 UK jobs (http://www.telegraph.co.uk/finance/newsbysector/industry/engineering/3491009/New-wave-of-job-cuts-at-leading-UK-companies.html)at its assembly and test facility in Derby as part of a move to axe up to 2,000 jobs globally.
BAE Systems is cutting 200 jobs (http://www.telegraph.co.uk/finance/newsbysector/industry/engineering/3491009/New-wave-of-job-cuts-at-leading-UK-companies.html), predominantly at plants in Newcastle, Leeds, Leicester, Barrow and Telford due to falling demand for aerospace and defence manufacturing.
AstraZeneca, the UK's second largest pharmaceutical company, is to axe 250 jobs (http://www.telegraph.co.uk/finance/newsbysector/industry/engineering/3491009/New-wave-of-job-cuts-at-leading-UK-companies.html) in Macclesfield as part of a move to shed 1,400 jobs globally.
November 19 2008 - 900 jobs
Insulation and roofing materials group SIG axed 900 jobs (http://www.telegraph.co.uk/finance/newsbysector/constructionandproperty/3483901/SIG-cuts-900-staff-and-warns-on-profits.html), the majority of them in the UK and Ireland, as it becomes yet another victim of the slowdown in the construction sector.
November 18 2008 - 90 jobs
Denis O'Brien, a major shareholder in Independent News & Media, called on its management to re-evaluate their salaries, after the newspaper group said it would cut 90 jobs (http://www.telegraph.co.uk/finance/newsbysector/mediatechnologyandtelecoms/3479666/Independent-shareholder-attacks-board.html) at The Independent newspaper.
November 17 2008 - 1,815 jobs
Global banking giant Citigroup announced plans to axe 1,500 UK jobs (http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/3474012/52000-jobs-to-go-at-Citigroup.html) in Canary Wharf as part of plans to cut 52,000 jobs in the next six months, as it attempts to reduce its cost base by 20pc in the wake of $20.8bn of losses in the last 12 months as a result of the continuing financial crisis.
Avis Europe said it would axe 315 jobs (http://www.telegraph.co.uk/finance/financetopics/recession/3471620/Avis-Europe-to-axe-315-jobs-as-it-warns-on-profits.html), mostly in the UK, as it warned full-year profits would not match the previous year.
November 13 2008 - 6,398 jobs
JCB revealed plans to lay off 398 staff (http://www.telegraph.co.uk/finance/financetopics/recession/3471620/Avis-Europe-to-axe-315-jobs-as-it-warns-on-profits.html) despite efforts to stave off further redundancies following a landmark agreement with employees last month that saved hundreds of jobs.
Telecoms giant BT cut a further 6,000 jobs (http://www.telegraph.co.uk/finance/newsbysector/mediatechnologyandtelecoms/3452746/BT-to-cut-10000-jobs-as-downturn-bites.html) in another blow to the British economy.
November 11 2008 - 5,320 jobs
Virgin Media, the content and communications group, revealed plans to slash 2,200 jobs, (http://www.telegraph.co.uk/news/uknews/3442261/5000-UK-job-losses-announced-ahead-of-unemployment-figures.html) or 15pc of its workforce, under a sweeping restructure.
GlaxoSmithKline announced plans to cut 620 jobs (http://www.telegraph.co.uk/news/uknews/3442261/5000-UK-job-losses-announced-ahead-of-unemployment-figures.html) at its Kent manufacturing site, blaming the "fiercely competitive environment" within the pharmaceutical industry.
Yellow Pages directories firm Yell warned it expected to lose another 1,300 jobs (http://www.telegraph.co.uk/news/uknews/3442261/5000-UK-job-losses-announced-ahead-of-unemployment-figures.html) from its business over the coming year
Housebuilder Taylor Wimpey confirmed it had axed a further 1,000 jobs (http://www.telegraph.co.uk/news/uknews/3442261/5000-UK-job-losses-announced-ahead-of-unemployment-figures.html) . It said property sales slumped by 27pc since the beginning of July. Taylor Wimpey has cut nearly 1,900 in the UK this year.
Technology firm Psion announced more than 200 job cuts (http://www.telegraph.co.uk/news/uknews/3442261/5000-UK-job-losses-announced-ahead-of-unemployment-figures.html)after the company warned on profits.
November 10 2008 - 800 jobs
Cable & Wireless axed 700 jobs (http://www.telegraph.co.uk/finance/newsbysector/mediatechnologyandtelecoms/3418773/Cable-and-Wireless-to-cut-700-jobs-as-part-of-Thus-merger.html) from its 6,800-strong British workforce following its merger with Thus.
Dairy Crest, which manufactures Cathedral City cheese among its many products, announced the loss of 100 jobs (http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/3416365/Dairy-Crest-shares-crash-as-it-warns-on-profits-as-downturn-bites.html) at its head office in Esher, Surrey, as it continued to negotiate with unions over the potential closure of its Nottingham dairy, which employs 215 people.
November 8 2008 - 700 jobs
Babcock Marine announced plans to cut 300 posts (http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/3416365/Dairy-Crest-shares-crash-as-it-warns-on-profits-as-downturn-bites.html) at Devonport Dockyard, Plymouth's largest business employer, to cut costs.
Corus, the steelmaker, will be cutting 400 posts (http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/3416365/Dairy-Crest-shares-crash-as-it-warns-on-profits-as-downturn-bites.html) from its distribution business. The redundancies will be spread across Britain, with 100 in the West Midlands, almost 100 in Shotton, north Wales, 50 in south Wales, 50 in Leeds and the rest in other parts of the country.
October 28 2008 - 500 jobs
Credit Suisse said it was cutting 500 jobs (http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/3416365/Dairy-Crest-shares-crash-as-it-warns-on-profits-as-downturn-bites.html) as it struggled to cope with losses on investments and a fall in investment banking business.
October 23 2008 - 660 jobs
Goldman Sachs announced plans to cut 10pc of its worldwide workforce as a result of the continued downturn in a number of its core banking markets. Reports said 600 jobs could go in London (http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/3248538/Goldman-cuts-3300-jobs-as-core-bank-market-suffers.html), where Goldman employs 6,000 people.
Rightmove, Britain's biggest property search website, said it was cutting 20pc of its 300-strong workforce (http://www.telegraph.co.uk/finance/newsbysector/constructionandproperty/3245548/Rightmove-axes-20pc-of-staff-as-housing-slowdown-deepens.html) after admitting that the housing market will not recover next year.
October 14 2008 - 600 jobs
Cadbury said it would make about 600 employees redundant (http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/3197582/Cadbury-to-axe-600-jobs-to-cut-costs.html) as part of a restructuring that will lead to the departure of two of its four regional business heads globally.
October 3 2008 - 2,000 jobs
Swiss bank UBS confirmed plans to cut 2,000 jobs (http://www.telegraph.co.uk/finance/financetopics/financialcrisis/3126656/UBS-confirms-plans-to-cut-2000-more-jobs.html) from its investment banking unit and "reposition" the division to reduce costs and improve efficiency.
* This is summary of major jobs losses in the UK and is meant to be an insight into the impact of the financial crisis on employment in the country. Inevitably some cuts will fall beneath our radar. Email: jamie.dunkley@telegraph.co.uk if you know of any job cuts we should add to our list.
Source (http://www.telegraph.co.uk/finance/financetopics/financialcrisis/3542572/Financial-crisis-UK-job-losses.html)
Since the start of October, thousands of jobs cuts have been announced across all sectors of the UK economy. Here is a roundup of the major losses so far and where they have occurred.
By Jamie Dunkley
Last Updated: 5:06PM GMT 21 Jan 2009
http://www.telegraph.co.uk/telegraph/multimedia/archive/01126/googlemap_1126626c.jpg
Click here to see the UK job losses plotted on a Google map (http://maps.google.com/maps/ms?ie=UTF8&hl=en&msa=0&msid=103813223147685278685.00045d271ce829e1e7123&ll=52.683043,-1.494141&spn=9.396916,18.69873&z=6)
As of today, British companies have announced the loss of 77,154 jobs in the past four months.
January 21 2009 - 1000 jobs
TT Electronics, a UK-based electronics company, announced plans to axe 700 jobs (http://www.telegraph.co.uk/finance/newsbysector/mediatechnologyandtelecoms/4307478/Technology-collapse-TT-Electronics-to-make-700-redundant.html) as demand for new technology collapses.
J Sainsbury announced plans to restructure its London head office in a move that could lead to up to 300 job cuts. (http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/4305118/Sainsbury-to-cut-jobs-in-head-office-restructuring.html)
January 20 2009 - 1110 jobs
Burberry plans to cut around 540 jobs in the UK and Spain, as the luxury brand becomes the latest company to cut costs in the face of the deepening recession. Burberry is in consultation to close a sewing factory in Rotherham, which could result in the loss of 290 jobs (http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/4295112/Burberry-to-cut-540-jobs-as-recession-deepens.html). The other 250 jobs will go in Spain.
Vion, a Dutch-owned international food company, is to axe 820 British jobs (http://www.telegraph.co.uk/finance/4296947/Food-supplier-Vion-axes-820-UK-jobs.html) under plans to restructure its UK meat business.
January 15 2009 - 480 jobs
South West Trains, run by train operator Stagecoach, said it was to axe 480 jobs (http://www.telegraph.co.uk/news/uknews/road-and-rail-transport/4247663/South-West-Trains-to-cut-480-jobs.html) , including managerial staff, blaming an expected fall in passenger numbers because of the economic downturn.
January 14 2009 - 3433 jobs
Pharmaceuticals group Pfizer said it will cut up to 240 UK jobs (http://www.telegraph.co.uk/finance/financetopics/financialcrisis/3542572/pharmaceuticals%20group%20Pfizer%20said%20it%20wil l%20cut%20up%20to%20240%20UK%20jobs%20and%20manufa cturing%20group%20Fenner%20cut%20290%20positions.) and manufacturing group Fenner cut 290 positions (http://www.telegraph.co.uk/finance/financetopics/financialcrisis/3542572/pharmaceuticals%20group%20Pfizer%20said%20it%20wil l%20cut%20up%20to%20240%20UK%20jobs%20and%20manufa cturing%20group%20Fenner%20cut%20290%20positions.) .
Barclays said it was consulting on a further 2,100 jobs cuts (http://www.telegraph.co.uk/finance/financetopics/recession/4240408/UK-jobless-rises-by-3000-as-Barclays-Jaguar-Land-Rover-and-Zavvi-wield-axe.html) , this time at its retail, commercial banking and credit card units.
Jaguar Land Rover, the troubled car maker, said it would cut 450 jobs (http://www.telegraph.co.uk/finance/financetopics/recession/4238912/Jaguar-Land-Rover-cuts-450-jobs.html) ,
Administrators to Zavvi, the record chain formerly known as Virgin Megastores, closed a further 18 stores, with the loss of 353 jobs (http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/4238629/Zavvi-closes-18-stores-and-cuts-353-jobs.html) .
January 13 2009 - 3460 jobs
Barclays slashed 2,130 positions across its investment banking and investment management divisions (http://www.telegraph.co.uk/finance/financetopics/recession/4229950/Barclays-and-SIG-unveil-further-2230-job-cuts.html) – equivalent to about 7pc of its headcount.
SIG, the building supplier, also revealed it has cut 720 jobs (http://www.telegraph.co.uk/finance/financetopics/recession/4229950/Barclays-and-SIG-unveil-further-2230-job-cuts.html) in the UK and 280 in the rest of Europe, as it battles the downturn in the housebuilding industry.
Home Retail Group, the owner of Argos and Homebase, said it would cut 210 staff (http://www.telegraph.co.uk/finance/financetopics/recession/4229950/Barclays-and-SIG-unveil-further-2230-job-cuts.html) at a distribution centre in Manchester.
Aga Rangemaster, the maker of the Aga cooker, said it had reduced its workforce by around 400 jobs (http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/4228661/Aga-sales-hit-by-housing-woes.html)in the last year.
January 12 2009 - 2142 jobs
JCB, the digger manufacturer, said that 695 jobs would be lost (http://www.telegraph.co.uk/finance/financetopics/financialcrisis/4224415/Thousands-of-jobs-go-in-bleak-day-for-UK-economy.html) as the lack of available credit from banks had meant that its customers had been unable to afford new diggers.
Publisher Pearson said that around 80 jobs will go at the Financial Times (http://www.telegraph.co.uk/finance/financetopics/financialcrisis/4224415/Thousands-of-jobs-go-in-bleak-day-for-UK-economy.html).
Around 1,000 jobs were axed (http://www.telegraph.co.uk/finance/newsbysector/industry/4222822/Logistics-company-Wincanton-axes-1000-jobs.html) through the closure of two sites operated by logistics giant Wincanton, union leaders confirmed. The GMB said 450 jobs will be lost at Trafford Park in Manchester and a further 550 at Gloucester through a merger with another logistics firm, Culina.
More than 300 staff at troubled china and crystal maker Waterford Wedgwood lost their jobs (http://www.telegraph.co.uk/finance/financetopics/financialcrisis/3542572/The%20GMB%20said%20450%20jobs%20will%20be%20lost%2 0at%20Trafford%20Park%20in%20Manchester%20and%20a% 20further%20550%20at%20Gloucester%20through%20a%20 merger%20with%20another%20logistics%20firm,%20Culi na), administrators confirmed. A total of 367 workers were made redundant, the majority at the company's site in Barlaston, Staffordshire, Deloitte said.
January 8 2009 - 1378 jobs
Nissan, the Japanese carmaker and a large UK manufacturer, delivered a big blow for the North East and the wider economy as it cut 1,200 jobs at its plant in Sunderland (http://www.telegraph.co.uk/finance/financetopics/financialcrisis/4176296/Nissan-to-cut-1200-jobs-in-Sunderland.html).
The adminstrator of Zavvi, the music, games and DVD retailer, closed 22 stores with the loss of 178 jobs (http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/4174821/Zavvi-closes-22-stores-with-loss-of-178-jobs.html).
January 7 2009 - 2,638 jobs
Barclays said it would cut 408 jobs (http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/4160620/UK-loses-further-1400-jobs-as-Barclays-and-Cattles-cut-staff.html) in its UK technology departments. The bank said a review of its IT operations will see about 158 permanent staff and 250 contractor positions go, mainly in Cheshire and London.
Marks & Spencer announces plans to cut 1,230 jobs (http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/4158323/MandS-to-cut-jobs-close-stores-as-shoppers-Christmas-sales-fall.html), close more than 25 stores and scale back investment as shoppers abandoned one of Britain's biggest high street names over Christmas.
Cattles, the subprime lender, said it plans to cut 1,000 jobs (http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/4160620/UK-loses-further-1400-jobs-as-Barclays-and-Cattles-cut-staff.html) as it faces up to an "uncertain funding environment", including 400 jobs at its Hull office.
January 6 2009 - 27,000 jobs
Woolworths' last 200 UK stores closed their doors for good, leaving more than 27,000 people unemployed (http://www.telegraph.co.uk/finance/financetopics/financialcrisis/3542572/Woolworths%27%20last%20200%20UK%20stores%20have%20 closed%20their%20doors%20for%20good,%20leaving%20m ore%20than%2027,000%20people%20unemployed.).
January 5 2009 - 1045 jobs
PricewaterhouseCoopers said 850 jobs (http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/4127845/MandS-lays-off-up-to-1000-staff-as-gloom-deepens.html) would be lost at children's clothing retailer Adams, after 111 stores were shut.
Another 195 jobs (http://www.telegraph.co.uk/finance/financetopics/financialcrisis/3542572/Meanwhile,%20195%20jobs%20have%20been%20lost%20at% 20the%20Passion%20for%20Perfume%20chain%20after%20 the%2045-store%20retailer%20collapsed%20into%20administrati on.) were lost at the Passion for Perfume chain after the 45-store retailer collapsed into administration.
December 23 2008 - 280 jobs
Men's fashion chain The Officers Club fell into administration on December 23. Accountancy firm PricewaterhouseCoopers took charge of the company, axing 280 jobs and shutting down 32 of its 150 stores with immediate effect.
December 17 2008 - 750 jobs
Bus and train operator National Express reveals it will cut up to 750 jobs (http://www.telegraph.co.uk/finance/newsbysector/transport/3811518/National-Express-to-cut-750-jobs.html) in a bid to save £15m next year, after the weakness of the pound cost the company £90m in the second half of the year.
December 16 2008 - 54 jobs
HP Bulmer Ltd told staff at its factory in Hereford that 54 jobs would be lost from the bottling line.
December 12 2008 - 2,600 jobs
Santander, the Spanish owner of Abbey, Alliance & Leicester and Bradford & Bingley, announced plans to cut 1,900 jobs (http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/3724800/Santander-cuts-1900-UK-bank-jobs.html) at the three British banks next year.
Seven hundred staff at Entertainment UK (EUK), (http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/3724066/Administrator-confirms-700-redundancies-at-EUK.html) the CD and DVD distribution arm of Woolworths, lose their jobs after a buyer for the division could not be found.
December 8 2008 - 150 jobs
British Airways announced plans to cut a further 100 jobs (http://www.telegraph.co.uk/finance/financetopics/financialcrisis/3660207/British-Airways-to-cut-a-further-100-jobs.html) taking the number of redundancies at the firm past 500 this year.
Postman Pat owner Entertainment Rights said it planned to cut 50 jobs (http://www.telegraph.co.uk/finance/newsbysector/mediatechnologyandtelecoms/3685557/Postman-Pat-owner-Entertainment-Rights-hires-new-chief-executive-and-cuts-third-of-all-staff.html) , a third of its workforce, as it revealed the collapse of Woolworths had left it around £800,000 out of pocket.
December 5 2008 - 450 jobs
Administrator Deliotte said that 450 jobs will go from Woolworths' "support operations" in London and Rochdale (http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/3568554/Former-Spurs-executive-makes-surprise-bid-for-Woolworths.html). The two offices employ more than 1,100 staff. There have been no redundancies in the retailer's high street stores, its distribution centres or at EUK.
December 4 2008 - 4,400 jobs
Nomura, the Japanese broker, said it would cut up to 1,000 jobs in London (http://www.telegraph.co.uk/finance/financetopics/financialcrisis/3542572/Nomura,%20the%20Japanese%20broker%20which%20has%20 been%20hit%20hard%20by%20the%20financial%20crisis, %20said%20it%20would%20cut%20up%20to%201,000%20job s%20in%20London%20following%20a%20takeover%20of%20 failed%20Wall%20Street%20giant%20Lehman%20Brothers %27%20operations%20there.) following a takeover of failed Wall Street giant Lehman Brothers' operations.
HMRC announced plans to sack 3,400 tax officials (http://www.telegraph.co.uk/finance/jobs/3550704/Job-cuts-HMRC-to-sack-3400-tax-officials-as-banks-shed-workers.html) as banks shed workers
December 3 2008 - 794 jobs
GlaxoSmithKline, the UK's largest pharmaceutical company, said it would be cutting 200 jobs at its North East manufacturing site (http://www.telegraph.co.uk/finance/newsbysector/epic/gsk/3545515/GlaxoSmithKline-to-cut-200-jobs-in-the-UK.html). The redundancies at Barnard Castle, County Durham, which employs about 1,000 staff, will be made over the next 12 to 18 months.
Experian, the company that runs credit checks, revealed its intended to cut 300 jobs from its operations (http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/3547140/Nomura-to-cut-1000-jobs-in-London.html) in Britain and Ireland.
About 200 people lost their jobs (http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/3547140/Nomura-to-cut-1000-jobs-in-London.html) after JA Magson, the toy and stationary distributor, collapsed into administration.
Pinnacle Entertainment also went into administration with the loss of 94 jobs (http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/3547140/Nomura-to-cut-1000-jobs-in-London.html) .
December 2 2008 - 817 jobs
Glasgow-based Bowie Castlebank Group, which includes photo-processing chains Klick Photopoint and Max Spielman and dry cleaner William Munro, said it was shedding 817 jobs across its businesses (http://www.telegraph.co.uk/finance/economics/3544018/UK-jobs-losses-hit-2817-in-three-days.html) after being placed in administration.
December 1 2008 - 2,000 jobs
Aston Martin said it was planning to axe up to 600 full-time and temporary jobs (http://www.telegraph.co.uk/finance/jobs/3539893/Jobs-go-at-Aston-Martin-and-HSBC.html) because of the downturn in the world economy, hitting the company's factory at Gaydon in Warwickshire.
Car accessory and bicycle retailer Halfords confirmed that about 200 posts would be cut (http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/3540198/Halfords-sheds-250-jobs-due-to-downturn.html) across its network of more than 450 stores, along with 50 more at its head office (http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/3540198/Halfords-sheds-250-jobs-due-to-downturn.html) in Redditch, Worcestershire.
HSBC cut 500 jobs across the UK (http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/3539764/HSBC-to-axe-500-UK-jobs.html) from non-customer facing positions.
Investment bank Credit Suisse said it was shedding 650 staff (http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/3539764/HSBC-to-axe-500-UK-jobs.html) , approximately 10pc of its British workforce.
November 28 2008 - 800 jobs
Another 100 jobs cuts were announced (http://www.telegraph.co.uk/finance/newsbysector/mediatechnologyandtelecoms/3535094/More-job-cuts-as-Indy-moves-in-with-Associated.html) at The Independent newspaper titles after it was announced that its back-office operations will be combined with Associated Newspapers and its staff will move into the Daily Mail-owner's Kensington headquarters.
Aon Corporation, the world's largest insurance broker, unveiled plans to slash up to 700 jobs (http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/insurance/3534824/Aon-to-cut-700-jobs.html) following the acquisition of its rival Benfield Group.
November 20 2008 - 590 jobs
Rolls-Royce, the defence and aerospace group, shed 140 UK jobs (http://www.telegraph.co.uk/finance/newsbysector/industry/engineering/3491009/New-wave-of-job-cuts-at-leading-UK-companies.html)at its assembly and test facility in Derby as part of a move to axe up to 2,000 jobs globally.
BAE Systems is cutting 200 jobs (http://www.telegraph.co.uk/finance/newsbysector/industry/engineering/3491009/New-wave-of-job-cuts-at-leading-UK-companies.html), predominantly at plants in Newcastle, Leeds, Leicester, Barrow and Telford due to falling demand for aerospace and defence manufacturing.
AstraZeneca, the UK's second largest pharmaceutical company, is to axe 250 jobs (http://www.telegraph.co.uk/finance/newsbysector/industry/engineering/3491009/New-wave-of-job-cuts-at-leading-UK-companies.html) in Macclesfield as part of a move to shed 1,400 jobs globally.
November 19 2008 - 900 jobs
Insulation and roofing materials group SIG axed 900 jobs (http://www.telegraph.co.uk/finance/newsbysector/constructionandproperty/3483901/SIG-cuts-900-staff-and-warns-on-profits.html), the majority of them in the UK and Ireland, as it becomes yet another victim of the slowdown in the construction sector.
November 18 2008 - 90 jobs
Denis O'Brien, a major shareholder in Independent News & Media, called on its management to re-evaluate their salaries, after the newspaper group said it would cut 90 jobs (http://www.telegraph.co.uk/finance/newsbysector/mediatechnologyandtelecoms/3479666/Independent-shareholder-attacks-board.html) at The Independent newspaper.
November 17 2008 - 1,815 jobs
Global banking giant Citigroup announced plans to axe 1,500 UK jobs (http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/3474012/52000-jobs-to-go-at-Citigroup.html) in Canary Wharf as part of plans to cut 52,000 jobs in the next six months, as it attempts to reduce its cost base by 20pc in the wake of $20.8bn of losses in the last 12 months as a result of the continuing financial crisis.
Avis Europe said it would axe 315 jobs (http://www.telegraph.co.uk/finance/financetopics/recession/3471620/Avis-Europe-to-axe-315-jobs-as-it-warns-on-profits.html), mostly in the UK, as it warned full-year profits would not match the previous year.
November 13 2008 - 6,398 jobs
JCB revealed plans to lay off 398 staff (http://www.telegraph.co.uk/finance/financetopics/recession/3471620/Avis-Europe-to-axe-315-jobs-as-it-warns-on-profits.html) despite efforts to stave off further redundancies following a landmark agreement with employees last month that saved hundreds of jobs.
Telecoms giant BT cut a further 6,000 jobs (http://www.telegraph.co.uk/finance/newsbysector/mediatechnologyandtelecoms/3452746/BT-to-cut-10000-jobs-as-downturn-bites.html) in another blow to the British economy.
November 11 2008 - 5,320 jobs
Virgin Media, the content and communications group, revealed plans to slash 2,200 jobs, (http://www.telegraph.co.uk/news/uknews/3442261/5000-UK-job-losses-announced-ahead-of-unemployment-figures.html) or 15pc of its workforce, under a sweeping restructure.
GlaxoSmithKline announced plans to cut 620 jobs (http://www.telegraph.co.uk/news/uknews/3442261/5000-UK-job-losses-announced-ahead-of-unemployment-figures.html) at its Kent manufacturing site, blaming the "fiercely competitive environment" within the pharmaceutical industry.
Yellow Pages directories firm Yell warned it expected to lose another 1,300 jobs (http://www.telegraph.co.uk/news/uknews/3442261/5000-UK-job-losses-announced-ahead-of-unemployment-figures.html) from its business over the coming year
Housebuilder Taylor Wimpey confirmed it had axed a further 1,000 jobs (http://www.telegraph.co.uk/news/uknews/3442261/5000-UK-job-losses-announced-ahead-of-unemployment-figures.html) . It said property sales slumped by 27pc since the beginning of July. Taylor Wimpey has cut nearly 1,900 in the UK this year.
Technology firm Psion announced more than 200 job cuts (http://www.telegraph.co.uk/news/uknews/3442261/5000-UK-job-losses-announced-ahead-of-unemployment-figures.html)after the company warned on profits.
November 10 2008 - 800 jobs
Cable & Wireless axed 700 jobs (http://www.telegraph.co.uk/finance/newsbysector/mediatechnologyandtelecoms/3418773/Cable-and-Wireless-to-cut-700-jobs-as-part-of-Thus-merger.html) from its 6,800-strong British workforce following its merger with Thus.
Dairy Crest, which manufactures Cathedral City cheese among its many products, announced the loss of 100 jobs (http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/3416365/Dairy-Crest-shares-crash-as-it-warns-on-profits-as-downturn-bites.html) at its head office in Esher, Surrey, as it continued to negotiate with unions over the potential closure of its Nottingham dairy, which employs 215 people.
November 8 2008 - 700 jobs
Babcock Marine announced plans to cut 300 posts (http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/3416365/Dairy-Crest-shares-crash-as-it-warns-on-profits-as-downturn-bites.html) at Devonport Dockyard, Plymouth's largest business employer, to cut costs.
Corus, the steelmaker, will be cutting 400 posts (http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/3416365/Dairy-Crest-shares-crash-as-it-warns-on-profits-as-downturn-bites.html) from its distribution business. The redundancies will be spread across Britain, with 100 in the West Midlands, almost 100 in Shotton, north Wales, 50 in south Wales, 50 in Leeds and the rest in other parts of the country.
October 28 2008 - 500 jobs
Credit Suisse said it was cutting 500 jobs (http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/3416365/Dairy-Crest-shares-crash-as-it-warns-on-profits-as-downturn-bites.html) as it struggled to cope with losses on investments and a fall in investment banking business.
October 23 2008 - 660 jobs
Goldman Sachs announced plans to cut 10pc of its worldwide workforce as a result of the continued downturn in a number of its core banking markets. Reports said 600 jobs could go in London (http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/3248538/Goldman-cuts-3300-jobs-as-core-bank-market-suffers.html), where Goldman employs 6,000 people.
Rightmove, Britain's biggest property search website, said it was cutting 20pc of its 300-strong workforce (http://www.telegraph.co.uk/finance/newsbysector/constructionandproperty/3245548/Rightmove-axes-20pc-of-staff-as-housing-slowdown-deepens.html) after admitting that the housing market will not recover next year.
October 14 2008 - 600 jobs
Cadbury said it would make about 600 employees redundant (http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/3197582/Cadbury-to-axe-600-jobs-to-cut-costs.html) as part of a restructuring that will lead to the departure of two of its four regional business heads globally.
October 3 2008 - 2,000 jobs
Swiss bank UBS confirmed plans to cut 2,000 jobs (http://www.telegraph.co.uk/finance/financetopics/financialcrisis/3126656/UBS-confirms-plans-to-cut-2000-more-jobs.html) from its investment banking unit and "reposition" the division to reduce costs and improve efficiency.
* This is summary of major jobs losses in the UK and is meant to be an insight into the impact of the financial crisis on employment in the country. Inevitably some cuts will fall beneath our radar. Email: jamie.dunkley@telegraph.co.uk if you know of any job cuts we should add to our list.
Source (http://www.telegraph.co.uk/finance/financetopics/financialcrisis/3542572/Financial-crisis-UK-job-losses.html)