Tag: job losses

BAE Systems to axe 2000 jobs

Britain’s biggest defence contractor, BAE Systems, is to cut almost 2,000 jobs in military, maritime and intelligence services, the firm says.

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Morgan Stanley hires Darling and then axes 1,200 staff

The former Chancellor of the Exchequer Alistair Darling offered up one of the more well regarded cabinet performances during Gordon Brown’s period in Number 10. Together, Darling and Brown were hailed for their work in easing the country through the dramatic and turbulent early days of the Great Recession.

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