Personnel Today
  • Home
    • All PT content
  • Email sign-up
  • Topics
    • HR Practice
    • Employee relations
    • Learning & training
    • Pay & benefits
    • Wellbeing
    • Recruitment & retention
    • HR strategy
    • HR Tech
    • The HR profession
    • Global
    • All HR topics
  • Legal
    • Case law
    • Commentary
    • Flexible working
    • Legal timetable
    • Maternity & paternity
    • Shared parental leave
    • Redundancy
    • TUPE
    • Disciplinary and grievances
    • Employer’s guides
  • AWARDS
    • Personnel Today Awards
    • The RAD Awards
  • Jobs
    • Find a job
    • Jobs by email
    • Careers advice
    • Post a job
  • Brightmine
    • Learn more
    • Products
    • Free trial
    • Request a quote
  • Webinars
  • Advertise
  • OHW+

Personnel Today

Register
Log in
Personnel Today
  • Home
    • All PT content
  • Email sign-up
  • Topics
    • HR Practice
    • Employee relations
    • Learning & training
    • Pay & benefits
    • Wellbeing
    • Recruitment & retention
    • HR strategy
    • HR Tech
    • The HR profession
    • Global
    • All HR topics
  • Legal
    • Case law
    • Commentary
    • Flexible working
    • Legal timetable
    • Maternity & paternity
    • Shared parental leave
    • Redundancy
    • TUPE
    • Disciplinary and grievances
    • Employer’s guides
  • AWARDS
    • Personnel Today Awards
    • The RAD Awards
  • Jobs
    • Find a job
    • Jobs by email
    • Careers advice
    • Post a job
  • Brightmine
    • Learn more
    • Products
    • Free trial
    • Request a quote
  • Webinars
  • Advertise
  • OHW+

Latest NewsEconomics, government & businessJob creation and lossesLabour market

Job cuts mount up as Nomura bank axes 1,000 roles in capital

by Mike Berry 4 Dec 2008
by Mike Berry 4 Dec 2008

Japanese bank Nomura is to cut 1,000 jobs in London.

The financial services group bought parts of the failed US bank Lehman Brothers earlier this year and has made the decision following an internal review.

“This will ensure that the company remains competitive in the current market conditions, and establishes the right cost base going forward,” the company said in a statement.

Sign up to our weekly round-up of HR news and guidance

Receive the Personnel Today Direct e-newsletter every Wednesday

OptOut
This field is for validation purposes and should be left unchanged.

The firm had previously said it expected to save the jobs of a “significant proportion” of the 2,500 Lehman staff in those businesses. Separately, transport firm Stagecoach said it was planning job cuts in support services and administration in response to waves of commuter job losses.

GlaxoSmithKline, the UK’s largest pharmaceutical company is planning to cut 200 jobs at its North East manufacturing site, and credit-check company Experian has revealed that 300 jobs at its operations in the UK and Ireland will be axed.




Mike Berry

previous post
Chemicals giant Univar appoints new HR director for Europe
next post
Strike threat averted as government does deal with PCS over Civil Service pay

You may also like

Personnel Today Awards 2025: Final deadline on Monday

20 Jun 2025

Seven ways to prepare now for the Employment...

20 Jun 2025

Sniff a lemon on World Productivity Day and...

20 Jun 2025

Employees want more upskilling and apprenticeships to narrow...

20 Jun 2025

NHS pay disputes: Who could strike again?

20 Jun 2025

BBC Breakfast bullying and misconduct allegations under investigation

20 Jun 2025

AI company did not racially discriminate against Chinese...

20 Jun 2025

Financial analyst guilty of insider dealing while WFH

20 Jun 2025

Only a third of recruiters receive high-quality job...

20 Jun 2025

UK job market shows signs of resilience

20 Jun 2025

  • AI is here. Your workforce should be ready. SPONSORED | From content creation...Read more
  • Preparing for a new era of workforce planning (webinar) WEBINAR | Employers now face...Read more
  • 2025 Employee Communications Report PROMOTED | HR and leadership...Read more
  • Prioritising performance management: Strategies for success (webinar) WEBINAR | In today’s fast-paced...Read more
  • Retaining Female Talent: Four Ways to Reduce Workplace Drop Out PROMOTED | International Women’s Day...Read more

Personnel Today Jobs
 

Search Jobs

PERSONNEL TODAY

About us
Contact us
Browse all HR topics
Email newsletters
Content feeds
Cookies policy
Privacy policy
Terms and conditions

JOBS

Personnel Today Jobs
Post a job
Why advertise with us?

EVENTS & PRODUCTS

The Personnel Today Awards
The RAD Awards
Employee Benefits
Forum for Expatriate Management
OHW+
Whatmedia

ADVERTISING & PR

Advertising opportunities
Features list 2025

  • Facebook
  • Twitter
  • Instagram
  • Linkedin


© 2011 - 2025 DVV Media International Ltd

Personnel Today
  • Home
    • All PT content
  • Email sign-up
  • Topics
    • HR Practice
    • Employee relations
    • Learning & training
    • Pay & benefits
    • Wellbeing
    • Recruitment & retention
    • HR strategy
    • HR Tech
    • The HR profession
    • Global
    • All HR topics
  • Legal
    • Case law
    • Commentary
    • Flexible working
    • Legal timetable
    • Maternity & paternity
    • Shared parental leave
    • Redundancy
    • TUPE
    • Disciplinary and grievances
    • Employer’s guides
  • AWARDS
    • Personnel Today Awards
    • The RAD Awards
  • Jobs
    • Find a job
    • Jobs by email
    • Careers advice
    • Post a job
  • Brightmine
    • Learn more
    • Products
    • Free trial
    • Request a quote
  • Webinars
  • Advertise
  • OHW+