Whoops....(doom)

[lilelvis2000]

Yes, the people's bank is laying off its....people.

[Sysman]

Northern Rock to axe a third of staff

Mr Sandler's scheme to cut up to 2,500 of the Newcastle-based lender's 6,000 staff will be highly sensitive politically, as the job losses will come in key Labour constituencies in the North East. Unions have already voiced their concerns, demanding a guarantee of no compulsory redundancies.

Delicious

[Francko]

Great, all those unemployed bankers should have no trouble securing a role in the service industry.

How about sasguru? I heard the circus is looking for a new clown.

[AlfredJPruffock]

Is this what they mean by a Bear market?

Gottcha !!!!!

[DimPrawn]

Get 'em out in fields picking me cabbages. Lazy fookers.

Hopefully most of them are up to their eyeballs in mortgage debt.

[BoredBloke]

It's OK for 7000 highly paid city type jobs to go as I've heard that Asda are looking to open a few more stores down there - that should take care of a large chunk of them.

[Bagpuss]

Is this what they mean by a Bear market?

[DimPrawn]

Great news. Will be able to pickup a cheap Porsche in the coming months.

[Cheshire Cat]

Great, all those unemployed bankers should have no trouble securing a role in the service industry.

[DimPrawn]

Ahem

[BlasterBates]

another 7000 jobs down the plug hole