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Crunch Victims
http://www.crunchvictims.com
Keeping track of UK and globally based companies that are going into administration or announcing job cuts in order to survive the recession or credit crunch.
Global credit crunch, recession, companies in administration, job cuts and losses – There will be many victims.
Recent Posts
It is not “ho ho ho” for 33 Deane Apparel employees.
Thirty-three full and part-time jobs will be axed just before Christmas at the Deane Apparel clothing factory in Leeston, south of Christchurch. The closure on December 18 will bring the curtain down on the factory that has been owned by Deane App...
Washington Post closes last three offices.
In a cost cutting move, the Washington Post is closing its remaining three US news bureaus outside of the Washington, D.C. area and will cover national news from its base in Washington. The six reporters who work in New York, Los Angeles and Chica...
BMI announces 600 job losses due to worst recession ever.
British Midlands (BMI) has announced plans to lay off 600 employees and axe five routes as part of a restructuring effort aimed at returning the company to profit. Most of the job losses at the British airline – now fully owned by German flag ca...
Lloyds Banking Group chop another 700 jobs.
The trade union Accord has announced this morning that 700 jobs are set to go at Lloyds Banking Group’s offices in Aylesbury, Buckinghamshire. Since its merger with HBOS last autumn, Lloyds has axed thousands of jobs due to overlap within the ...
Threshers on the rack as 2000 jobs go.
Almost 2000 jobs will be lost at chains such as Threshers and Wine Rack, it emerged today, as the administrators to their collapsed owner First Quench said it would close hundreds of stores as part of the adminstration. First Quench, which also owns...
Nokia to axe 220 R&D jobs in Japan.
Nokia Corp. are to axe 220 jobs at research and development units in Japan as the world’s largest mobile phone maker continues to cut costs. Last week it announced 330 job cuts in Finland and Denmark at its R&D operations that globally emp...

