Despite a reported bonus offer of £9 million to its chief executive, Bob Diamond, Barclays announced that 1,000 employees would be laid off as a result of the bank stopping its financial planning advice services.
In a statement, the bank said that it was "consulting fully with Unite and, if the proposals go ahead, is committed to supporting employees through this change, including a full range of redeployment services identifying potential options within and outside Barclays".
Lincolnshire County Council have announced that 818 people will have to take voluntary or compulsory redundancies out of the 3,200 staff as a result of restructuring. Kelly Smith, their executive councillor for finance and HR, said: "Unfortunately staffing reductions are inevitable. However wherever possible we hope that voluntary redundancies will minimise the number of compulsory redundancies that have to be made."
The charity 4Children said that they expected 1,000 Sure Start Children’s Centres were "at risk of redundancy notices" to staff members as a result of government cuts, with 250 at risk of closing entirely by the end of the year.900 devt advice workers at Citizens Advice have been issued with redundancy notices as funding has been cut the Government.
After workers at Aberdeen City Council voted against a voluntary 5% pay cut, the council said it had "no alternative" to compulsory redundancies in order to find £120 million of savings.
Within the NHS, Blackpool Teaching Hospitals Foundation Trust said that 620 jobs could go over the next 15 months.
Swansea Council announced that over 100 workers would leave as part of a voluntary scheme as it tries to save £3 million in admin costs.
This chief executive, Paul Smith, said that they hoped to axe around 300 jobs by 2012.
A voluntary redundancy scheme has also been opened at Cambridge University. The Colchester Daily Gazette reported that Paul Smith, Colchester councillor responsible for finance, said that he could not give an exact figure over the number of redundancies required to meet cuts to the council’s budget.Walsall Council also announced yesterday that compulsory redundancies were "inevitable".
