Daily Recession covers the world as it goes into recession. The financial crisis, stock market crash, bankruptcies, job cuts, and the turmoil that follows.

AIB plans to cut staff by 2,000

Posted: July 6th, 2011 | Author: | Filed under: By Location, UK | Tags: , , | No Comments »

AIB’s plan to cut its workforce by 2,000 employees is set to be implemented on a phased basis from October onwards, while promotion opportunities will be reintroduced at management level.

At the end of 2010, AIB employed a total of 14,255 staff. In April Mr Hodgkinson said the bank had reduced its workforce by 1,300 people over the previous two years through natural attrition.


46 jobs to go at Kilkeel company Toughglass

Posted: April 16th, 2011 | Author: | Filed under: By Location | Tags: , , | No Comments »

Forty-six employees at Kilkeel company Toughglass have been told by management that the business will close after a 30-day consultation process.

The closure will be implemented in phases over the coming months.

Toughglass makes toughened glass for use in buses and coaches – one of its biggest customers was Wrightbus in Ballymena – and it also makes glass for shower enclosures.


Credit Card company MBNA cuts 66 jobs in Carrick-on-Shannon

Posted: August 23rd, 2010 | Author: | Filed under: UK | Tags: , | No Comments »

66 jobs are to go at credit card company MBNA in Carrick-on-Shannon, Co Leitrim.

The job cuts will be in the form of compulsory redundancies.

Around 1,000 people work for MBNA in Ireland – the majority are based in Carrick-on-Shannon.

From: RTE News


Health Service Executive (HSE) to cut 300 jobs in Ireland

Posted: July 25th, 2010 | Author: | Filed under: By Location, UK | Tags: , , | No Comments »

The Health Service Executive (HSE) is proposing to cut up to 300 jobs held by staff on temporary employment contracts in the mid west as part of a new drive to tackle a €35 million financial deficit in the region, the trade union Impact has maintained.