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Screwed: 5,000 at Lloyds

A daily review of the employment fallout around the country and the world.

Today’s Total: 5,735

British lender Lloyds Banking Group will cut 5,000 jobs by the end of next year in its insurance, retail and administration departments… Adobe is laying off 680 employees, 9 percent of its workforce… Catevo Group, a PR firm in Raleigh, N.C., is closing its office Nov.13 resulting in 25 employee layoffs… The city of Plainfield, N.J. is cutting 25 unfilled municipal positions and expects more layoffs in the future… Rumored layoffs expected at Zac Posen and Gucci… Richard Petty Motor Sports has begun laying off employees.

Are you one of the Screwed? Check out Recessionwire’s Laid Off 101. Read more about layoffs at the sites compiled on our layoff tracker page.

Tags: employees, employers, layoffs, The Unemployed Life, The Working World, unemployed