job losses october 2008

October 28 2008 - 500 jobs

Credit Suisse said it was cutting 500 jobs as it struggled to cope with losses on investments and a fall in investment banking business.

October 23 2008 - 660 jobs

Goldman Sachs announced plans to cut 10pc of its worldwide workforce as a result of the continued downturn in a number of its core banking markets. Reports said 600 jobs could go in London, where Goldman employs 6,000 people.

Rightmove, Britain's biggest property search website, said it was cutting 20pc of its 300-strong workforce after admitting that the housing market will not recover next year.

October 14 2008 - 600 jobs

Cadbury said it would make about 600 employees redundant as part of a restructuring that will lead to the departure of two of its four regional business heads globally.

October 3 2008 - 2,000 jobs

Swiss bank UBS confirmed plans to cut 2,000 jobs from its investment banking unit and "reposition" the division to reduce costs and improve efficiency.