Following a review of the business, banking giant HSBC has announced it is to shed 500 jobs in the UK, as a result of the current economic conditions.The jobs will go in the bank’s retail and commercial banking units. The news comes just a few months after the bank said it was to axe 1,100 [...]

More: 500 UK jobs to go at HSBC

I doubt this is going to be the end of the job cuts either, i've been reading up alot on the BBC news website lately, and its full of job losses worldwide!