FACTBOX-Job cuts announced in the UK since September

Thu May 14, 2009 7:24am EDT
 
[-] Text [+]
 May 14 (Reuters) - British telecoms carrier BT cut its
dividend and announced 15,000 further job losses on Thursday
after a 1.58 billion pound ($2.4 billion) writedown tipped it
into a quarterly loss and its pension costs almost doubled.
 Following are details of major job cuts that have been
announced in Britain in the last three months:
 * Indicates global job losses where many or most cuts will
be overseas 
 COMPANY                   SECTOR         NUMBERS         DATE 
------------------------------------------------------------------ Meggitt  (MGGT.L)         Aerospace  up to 750*         Mar 3
 ITV  (ITV.L)              Media          1,600          Mar 4
IMI (IMI.L)               Engineering    1,500*         Mar 4
Principles unlisted       Retail   up to 2,000          Mar 7
 Home Retail Group (HOME.L)Retail           300          Mar 12 
 Daily Mail (DMGOa.L)      Media          1,000          Mar 23 
 Go-Ahead (GOG.L)          Transport        800          Mar 25 
 Man Group (EMG.L)         Hedge fund       270         March 26
 BHP Billiton Ltd 
 (BHP.AX)(BLT.L)        Mining           400*        March 26
 Brawn GP unlisted         Formula One      270         March 29
 Man Group (EMG.L)         Hedge Funds      270         March 26
 Jarvis Plc (JRVS.L)       Rail services    450         March 31
 Homeserve  (HSV.L)        Insurance        250         March 31
 BP (BP.L)                 Energy           620*        April 1 
 Bombardier Inc (BBDb.TO)  Train/aircraft   975         April 2 
 Aviva Plc (AV.L)          Life insurer   1,100         April 2 
 RBS       (RBS.L)         Banking        2,700         April 3 
 Electrocomponents (ECM.L) Electricals      470         April 3 
 Hampson  (HAMP.L)         Aerospace        150         April 3 
 RBS (RBS.L)               Banking       11,700*        April 7 
 Helphire Group Plc
 (HHR.L)       Accident claim handler    310         April 9
 Toledo Mining Corporation
 Plc (TMC.L)            Mining          600*        April 14 
 HSBC Holdings (HSBA.L)    Banking        2,900        April 21 
 Lloyds Banking Group (LLOY.L)Banking       985        April 23 
 Lavendon Group Plc (LVD.L) Rental          225        April 23 
 Cattles  (CTT.L)          Lender         1,130        April 28 
 Elementis Plc (ELM.L)     Chemicals        138        April 29 
 Charter International 
 Plc (CHTR.L)           Engineer       1,200        April 29 
 Logica Plc (LOG.L)        IT               300*       April 30 
 BAE Systems PLC (BAES.L)  Defence          500        April 30 
 Cadogan Petroleum 
 Plc (CADP.L)           Oil and gas      126        April 30 
 Wincanton (WIN.L)         Supply chain     283        April 30 
 Sage Group PLC (SGE.L)    Software         700         May   6
 Firstgroup PLC (FGP.L)    Transport      3,500         May  13 
 Cookson Group Plc (CKSN.L) Industrial    3,200*        May  14 
                         materials
 BT Group (BT.L)           Telecoms      25,000          May 14 
 ---------------------------------------------------------------
 TOTAL                                   68,672
             
 ---------------------------------------------------------------
 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)

 

Companies In This Article

Meggitt PLC (MGGT.L) Quote, Profile, Research
ITV Plc (ITV.L) Quote, Profile, Research
IMI PLC (IMI.L) Quote, Profile, Research
Home Retail Group plc (HOME.L) Quote, Profile, Research
Daily Mail and General Trust plc (DMGOa.L) Quote, Profile, Research
Go-Ahead Group PLC (GOG.L) Quote, Profile, Research
Man Group plc (EMG.L) Quote, Profile, Research
BHP Billiton Limited (BHP.AX) Quote, Profile, Research
BHP Billiton PLC (BLT.L) Quote, Profile, Research
Jarvis Plc (JRVS.L) Quote, Profile, Research
Homeserve Plc (HSV.L) Quote, Profile, Research
BP Plc (BP.L) Quote, Profile, Research
Bombardier Inc. (BBDb.TO) Quote, Profile, Research
Aviva plc (AV.L) Quote, Profile, Research
Royal Bank of Scotland Group PLC (RBS.L) Quote, Profile, Research
Electrocomponents PLC (ECM.L) Quote, Profile, Research
Hampson Industries Plc (HAMP.L) Quote, Profile, Research
Helphire Group plc (HHR.L) Quote, Profile, Research
Toledo Mining Corporation Plc (TMC.L) Quote, Profile, Research
HSBC Holdings PLC (HSBA.L) Quote, Profile, Research
Lloyds Banking Group PLC (LLOY.L) Quote, Profile, Research
Lavendon Group PLC (LVD.L) Quote, Profile, Research
Cattles PLC (CTT.L) Quote, Profile, Research
Elementis plc (ELM.L) Quote, Profile, Research
Charter International Plc (CHTR.L) Quote, Profile, Research
Logica Plc (LOG.L) Quote, Profile, Research
BAE Systems PLC (BAES.L) Quote, Profile, Research
Cadogan Petroleum Plc (CADP.L) Quote, Profile, Research
Wincanton PLC (WIN.L) Quote, Profile, Research
Sage Group PLC (SGE.L) Quote, Profile, Research
Firstgroup PLC (FGP.L) Quote, Profile, Research
Cookson Group Plc (CKSN.L) Quote, Profile, Research
BT Group PLC (BT.L) Quote, Profile, Research

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