{"id":8193,"date":"2012-11-20T10:44:42","date_gmt":"2012-11-20T09:44:42","guid":{"rendered":"http:\/\/www.easyoffices.com\/blog\/?p=8193"},"modified":"2012-11-20T10:44:42","modified_gmt":"2012-11-20T09:44:42","slug":"london-city-offices-face-job-cuts","status":"publish","type":"post","link":"https:\/\/www.easyoffices.com\/blog\/business-advice-and-news\/london-city-offices-face-job-cuts","title":{"rendered":"London City Offices Face Job Cuts"},"content":{"rendered":"<p><a title=\"London City Offices\" href=\"http:\/\/www.easyoffices.com\/serviced-offices\/uk\/london\/london-city\">London City Offices<\/a> face a further round of job cuts before the end of the year with the City&#8217;s Financial Firms cutting staff as part of further cost cutting measures it is being reported. UBS will axe up to 3,000 jobs in its <a title=\"London Offices\" href=\"http:\/\/www.easyoffices.com\/serviced-offices\/uk\/london\">London Offices<\/a>, in one of the biggest banking staff cutbacks seen since the collapse of Lehman Brothers.<\/p>\n<p>Other notable Financial Firms to announce similar plans recently include Credit Suisse with a new round of job cuts as part of a drive to save an extra 1 billion Swiss francs (&#126;668m). Deutsche Bank is losing nearly 2000 staff Barclays and Soci\u00c4\u201a\u00c2\u00a9t\u00c4\u201a\u00c2\u00a9 G\u00c4\u201a\u00c2\u00a9n\u00c4\u201a\u00c2\u00a9rale have both said they will reduce numbers in their trading operations.<\/p>\n<p>As we blogged last week here at <a title=\"Easy Offices\" href=\"http:\/\/www.easyoffices.com\/\">Easy Offices<\/a> the dramatic job losses are having an effect of the Office Market also with some prime location <a title=\"Office Space\" href=\"http:\/\/www.easyoffices.com\/office-to-rent\">Office Space<\/a> now being acquired by Residential Developers. This rise in part is due to the prices Residential Developers can currently achieve in prime location. Commercial values for the big <a title=\"Mayfair Offices\" href=\"http:\/\/www.easyoffices.com\/serviced-offices\/uk\/london\/london-west-end\/mayfair\">Mayfair Office<\/a> Buildings are around &#126;1,000 &#8211; &#126;1,500 per square foot, whereas residential value can be &#126;2,000 per square foot or more!<\/p>\n<p>Two Freehold <a title=\"Offices in Mayfair\" href=\"http:\/\/www.easyoffices.com\/serviced-offices\/uk\/london\/london-west-end\/mayfair\">Offices in Mayfair<\/a> are being marketed with planning permission for Residential Use for a mere &#126;45 million! The Buildings are 11,000 sq ft and 8,000 sq ft which will by anyone&#8217;s standards a rather large dwelling!<\/p>\n<p>If that&#8217;s a little out of your price range check out some of the less expensive <a title=\"Offices Around London\" href=\"http:\/\/www.easyoffices.com\/london-map\">Offices around London<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>London City Offices face a further round of job cuts before the end of the year with the City&#8217;s Financial Firms cutting staff as part of further cost cutting measures it is being reported. UBS will axe up to 3,000 jobs in its London Offices, in one of the biggest &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"ast-button\" href=\"https:\/\/www.easyoffices.com\/blog\/business-advice-and-news\/london-city-offices-face-job-cuts\"> <span class=\"screen-reader-text\">London City Offices Face Job Cuts<\/span> Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","footnotes":""},"categories":[2,6],"tags":[1126,1244,2488],"class_list":["post-8193","post","type-post","status-publish","format-standard","hentry","category-business-advice-and-news","category-serviced-offices","tag-jobs","tag-london-city","tag-serviced-offices"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>London City Offices Face Job Cuts - EasyOffices Blog UK<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.easyoffices.com\/blog\/business-advice-and-news\/london-city-offices-face-job-cuts\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"London City Offices Face Job Cuts - EasyOffices Blog UK\" \/>\n<meta name=\"twitter:description\" content=\"London City Offices face a further round of job cuts before the end of the year with the City&#8217;s Financial Firms cutting staff as part of further cost cutting measures it is being reported. UBS will axe up to 3,000 jobs in its London Offices, in one of the biggest &hellip; London City Offices Face Job Cuts Read More\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"bojangacanovic@gmail.com\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.easyoffices.com\/blog\/business-advice-and-news\/london-city-offices-face-job-cuts#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.easyoffices.com\/blog\/business-advice-and-news\/london-city-offices-face-job-cuts\"},\"author\":{\"name\":\"bojangacanovic@gmail.com\",\"@id\":\"https:\/\/www.easyoffices.com\/blog\/#\/schema\/person\/b8150dfdf15880816643f4da97ecc955\"},\"headline\":\"London City Offices Face Job Cuts\",\"datePublished\":\"2012-11-20T09:44:42+00:00\",\"dateModified\":\"2012-11-20T09:44:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.easyoffices.com\/blog\/business-advice-and-news\/london-city-offices-face-job-cuts\"},\"wordCount\":253,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.easyoffices.com\/blog\/#organization\"},\"keywords\":[\"Jobs\",\"London City\",\"Serviced Offices\"],\"articleSection\":[\"Business advice and news\",\"Serviced Offices\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.easyoffices.com\/blog\/business-advice-and-news\/london-city-offices-face-job-cuts#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.easyoffices.com\/blog\/business-advice-and-news\/london-city-offices-face-job-cuts\",\"url\":\"https:\/\/www.easyoffices.com\/blog\/business-advice-and-news\/london-city-offices-face-job-cuts\",\"name\":\"London City Offices Face Job Cuts - 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