News review: January - More job losses on the horizon

Firms are set to continue to wield the axe in 2003, according to newresearch which forecasted more redundancies. The Chartered Institute ofPersonnel and Development published the first 'HR Trends and Prospects for2003', which foresaw more job losses next year - a conclusion based on itsredundancy survey in 2002, which showed that 45% of firms that downsizedin the past year plan more of the same this year.

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