Job Watch

THE IMPACT of September's global economic turmoil was highlighted when investment bank Merrill Lynch axed 400 jobs in London out of 3,000 expected to be cut worldwide.

Losses:

1 Eastbourne, Sussex and Folkestone, Kent: 300 jobs lost at Guardian Royal Exchange. Another 100 to go through natural wastage as it merges with rival PPP.

2 Doncaster, Yorkshire: Tractor-maker Case UK plans to make 225 staff redundant due to slack demand.

3 London: 400 jobs at investment bank Merrill Lynch cut due to financial crisis.

4 Hastings, East Sussex: Philips to close kettle-making plant with loss of 160 jobs.

Gains:

5 Harlow, Essex: 100 jobs created by American defence company, Raytheon Systems.

6 Eggborough, near Selby, N. Yorkshire: French company Saint Gobain will create 150 jobs at a new glass factory.

7 Doncaster, Yorkshire: English Welsh & Scottish Railways to create 300 jobs at a rail freight service centre.