job losses
British bank Lloyds says it is cutting 650 jobs
Britain's state-controlled Lloyds Banking Group said Wednesday it was cutting another 650 jobs as the company continues to streamline its operations.
"Significant progress has been...
British bank RBS says will axe 2,600 jobs, mostly in insurance division
Britain's state-rescued lender Royal Bank of Scotland announced on Monday that it plans to axe 2,600 jobs.
The bank, which is 83-percent owned by the...
HSBC Insurance brokers to close its Bournemouth headquarters
HSBC Insurance Brokers has announced a plan to transfer its Bournemouth headquarters. Consequently, the operations could cease leaving 165 staff facing an uncertain future.
Staff...
Swiss Life to cut 520 jobs as net profits fall 92%
Swiss Life Holding has announced it is to implement a cost cutting programme after revealing that net profits for the first half of the...
Lloyds cuts 200 jobs in general insurance division
Lloyds Banking Group, 43 percent owned by the government, will cut 200 jobs in its general insurance division by the end of January in...
Axa to cut 350 jobs
Axa UK will cut 350 jobs as part of a strategic review of its life and pensions business. The move was condemned by the...
Axa will cut 560 UK jobs
French insurer AXA will reduce by 560 the jobs across the UK over the next few months, including 120 into the largest UK office...
