As HSBC's management rolls around the world conducting its staff and efficiency review, an additional 500 jobs have been earmarked to be cut from the UK workforce of more than 58,000.
As the financial crisis hits the top end of spending Aston Martin, which had previously announced an extension of its Christmas shutdown has now said it will have to cut 600 jobs from its manufacturing plant.
Around 25,000 jobs at Woolworths retail arm and 5,000 at the entertainment division are under threat as the 800-store retail giant collapses as the UK economy founders.
The UK has backtracked on a high-cost "showroom tax" on cars, and whilst the cost will reduce substantially for all cars, for some the tax will actually turn into a rebate. But it won't save the UK car industry. And behind it all, there are some very questionable dealings.
Spain, Belgium and Sweden will be the primary places that the pharmaceuticals giant will cut most of the 1400 jobs it has announced it will remove - but over a period of up to 2013.
The announcement that General Motors wanted to buy Chrysler raised a few eyebrows. First, why would the venture capital company that only recently bought it from Daimler-Benz want out so soon; would competition authorities agree; but most of all, where would the money come from?
I was just reading the article "F1: Sponsorship not as good as in the bank" by Bryan Edwards on Sunday 19 October 2008 and wish to correct some errors.
Holden says you'll be able to buy its electric car in 2012; Renault and Skoda both bring new mid-size SUV's, Mazda shows it's frankly startling Taiki concept car and the industry says it expects to sell one car for every twenty people in Australia in the next year. But some big names don't think it's worth making the trip.
Britain's Left, led by Gordon Brown who, with Tony Blair has presided over a stealthy but steady move towards both socialism and republicanism in the UK over the past eleven years will today, via Brown's proxy at the Treasury, announce the biggest step left yet, as they nationalise large parts of a strategic industry.