Hirers & Firers

21-Jan-2009

WHO’S HIRING

• Entertainment retailer HMV has said it will save 269 jobs at troubled chain Zavvi by buying 14 “profitable” stores from the company.
• Tesco plans to create 10,000 jobs this year, even after its weakest festive period for 15 years, with around 200 more stores opening and existing stores being extended, despite the pressures of the credit crunch.
• Sainsbury’s is creating 5,000 jobs this year after its best ever festive sales figures — 2,000 Christmas temps will stay on and 3,000 new employees will staff new and extended stores.
• Northern supermarket chain Morrisons is also taking on 5,000 new staff this year.

WHO’S FIRING

• Mobile phone giant Motorola has said it is to cut 4,000 jobs, roughly 6% of its workforce, in the face of the economic downturn and waning demand for its products.
  
• Up to 240 jobs are under threat at the pharmaceutical firm Pfizer’s research and development site in Sandwich, Kent.
• Jaguar Land Rover has announced it is cutting 450 staff. Three hundred managers will be made redundant, while 150 salaried agency staff willalso lose their jobs.
• Barclays says it will cut 2,100 jobs from its UK banking retail and commercial business, as well as 2,100 jobs from the investment banking and wealth management arms.