AA cuts 1,300 jobs across the UK
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The AA is cutting 1,300 jobs, 10% of its workforce, only three months after it was bought for Â£1.75bn by venture capital firms.
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Deutsche Bank plans to eliminate 300 jobs from its investment banking unit amid market volatility.
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Luxury carmaker Jaguar said Friday it was stopping production at a factory in central England, resulting in a loss of 1,100 jobs, following poor sales in the key US market.
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UK firm BAE Systems plans to cut 1,396 jobs in the UK, citing a shortage of orders.
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In a move that will shed 1,300 jobs, Lehman Brothers said it would stop wholesale mortgage lending amid a continued slump in credit and housing.
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Luxury car maker Jaguar yesterday said it was cutting more than 1,100 jobs at its Brown&#39;s Lane plant in Coventry, ending 50 years of assembly at the site.
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Cross-channel ferry operator P&O cuts 1,200 jobs and four ferry routes in a radical attempt to revive its faltering business.
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P&amp;O will cut up to 1,200 jobs and slash services in a plan to salvage its loss-making ferry business, which has been hit by competition from low-cost airlines.
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Engineering firm Rolls-Royce says its plans to cut up to 2,300 jobs to reduce costs and improve efficiency.
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Irish state airline Aer Lingus plans to reduce its workforce by 1,325 to 2,668 over the next three years, according to a new business plan published.
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Peninsular &amp; Oriental Steam Navigation Co., the UK&#39;s largest ferry and ports operator, will trim its ferries fleet and cut 1,200 jobs, or a fifth of the unit&#39;s workforce, to stem losses.
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The popularity of cut-price airlines and the Eurostar rail service to the continent is threatening to sink the ferry industry, where 1,200 job losses were announced yesterday.
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Hard-pressed luxury marque Jaguar says it will cut about 1,150 jobs at its main plant in Coventry in a bid to return to profits, in another blow to Britain&#39;s fading glory as a carmaking centre.
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The number of people out of work in the UK fell by 29,000 between August and October to 1.39 million, figures show.
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It sounded like the death knell for the cross-Channel ferry industry last month when P&O announced it was to cut four of its 13 routes and shed 1,200 jobs.
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FORT WORTH, Texas -- American Airlines says more job cuts are on the way after the airline had already planned about 1,000 layoffs.
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Luxury carmaker Jaguar said today it is stopping assembly work at its headquarters and cutting 1,150 jobs as a result of overproduction and poor sales in the key U.S. market.