We know why the Government is trying to axe jobs at this hospital.

This is not the first time that the company have axed jobs in recent memory.

Companies are also continuing to axe jobs within the services sector.

As their profits decline, companies are also getting ready to axe jobs.

However, both companies said they have no plans to axe jobs as a result of Ryanair’s retrenchment.

She said the decision to axe jobs was disappointing.

In recent weeks many councils have announced plans to axe jobs or cut services to try to balance their budgets.

Reason for action: Growing numbers of car firms and component manufacturers have axed jobs or put staff on short weeks.

Colleges have already been forced to axe jobs and courses as a result of funding cuts, a survey has found.

All six provincial health authorities will be looking at ways to axe jobs to save money, Mazurkewich said in an interview.

Several auto and textiles firms have axed jobs as exports slump.

European tax revenue is meant to be used to stabilise plants in European locations, not to axe jobs.

In the past two years, manufacturers – who now employ about 3.1m people – have axed jobs in every quarter except one.

So they savagely axed jobs, inventories, and new investment projects (computers, machinery, factories).

Circuit City is the latest American company to axe jobs, fuelling the astonishing rise in unemployment across the country.

But economists said the rebound in morale may be short-lived as more companies axe jobs as foreign demand is fading.

It opened hours after London Overground guards began a 48-hour strike over plans to axe jobs, affecting more than a quarter of services.

Construction and maintenance group Transfield Services will continue to axe jobs, cut costs and sell assets, after reporting a $250 million annual loss.

Tony Trench, regional representative of the Unite union which represents the majority of the 95-strong workforce, said it would fight any plans to axe jobs.

It is in business, in companies, that jobs are created, and it is companies that axe jobs too.

Xstrata, Rio Tinto and Anglo American have also axed jobs in Queensland this month.

HSBC is to axe jobs, most of them in Jersey, which has a larger banking industry than Guernsey; other banks have already made cuts.

OTE's unions remain opposed to the deal, fearing Deutsche Telekom will axe jobs and benefits to wring cost savings.

Two-thirds of public sector organisations will axe jobs in the first three months of the year, rising to three out of four in local government, said the report.

But the two companies, along with Sharp Corp, racked up combined losses of $20 billion last year, leading them to have to axe jobs, sell assets and close facilities.