
2300 jobs are to be cut at the Royal Bank of Scotland in it's latest restructure.
RBS employs almost 106000 people in the United Kingdom. It is hoped that many of the job cuts would be voluntary with redundancy packages being oven and above the government's statuary.
Teh UK Government owns nearly 70% of RBS, purchased when it required a £20b bailout.
The job cuts are on top of the 3000 announced last October.
Almost 10% of Nissan's workforce will be culled by march 2010. The company is expecting to make a huge loss of £2 billion during the current financial year.
A cut in working hours and possible pay freezes are also on the cards.
Nissan's Car Sales were down by an unprecedented 18.6% compared to the previous year.
Car sales across the entire industry have dropped massively and other motor firms have been announcing their own cuts.
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