Yet another thousands of job losses in UK are in the making as HBOS, the operator of Bank of Scotland, is being acquired by Lloyds TSB that will rescue it from bankruptcy.
The two are involved in a £12.2 billion government-brokered deal, which will see the possibility of the creation of a new name for the [...]

Some 800 former workers of Nikko Electronics, who were part of the 950 people who lost their jobs overnight after the company closed down its Penang factory in July, have brought their matter to the Labour Court.
They are seeking retrenchment compensation amounting to RM6 million, comprising the termination benefits, and salary in lieu.
The Butterworth Labour [...]