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Thursday, January 29, 2009

RBI UK Starts/Continues Culling Jobs

The first signs of the cull at RBI are emerging. The Guardian reports that 35 redundancies have been announced at UK RBI. At first I thought this must be a mistake and that they have left the zero off the end, but I have checked it out and apparently not.

However, in addition to the redundancies there is an effective hiring freeze so more jobs are likely to go. Also there has been a slow drip, if that is the right word, of redundancies and non replacements over the last few months.

However, whilst no one wants to see people lose their jobs, the plan needs to be more radical than this. Maybe it is.

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