One financial giant HSBC has announced that 1,100 jobs are to be axed world wide due to the financial turmoil we are currently in. HBOS too are to face serious job losses during the take over by Lloyds TSB and preferential treatment will not be given to loyal employees or the routes of the company; Scotland and Yorkshire. Mortgage giant Bradford & Bingley have also announced job cuts due to the down turn in the mortgage market.
So, pretty bleak reading then! The whole of the UK and the world over is being affected by the state of the financial markets.
For those that are hugely unlucky it might be time to think about a career move or consider accepting going down the ladder a bit and taking a cut to sustain an income.
Its being said by a lot of people but we all just have to sit tight and remain positive. Think about your next move.
Keep yourself safe, get your CV up to date. Register with a good job agency, take redundancy insurance and register to find the latest jobs in the UK right here!
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Richard
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