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Twelve percent of residents have lost a job in the last year, according to a new poll. Most of those who had their jobs axed were black men and the biggest out of work age group was 45 to 54 year olds. The statistics came from a Mindmaps poll conduct...

More than 150 jobs have been axed in two shock announcements that will shake Bermuda's economy. A total of 105 jobs are to go at Citi Hedge Fund Services as it relocates to the US and Canada in a cost-cutting measure. All staff have been offered the ...

By Marina Mello Thirteen Bermudians have lost their jobs at Bacardi Ltd as part of what the company called a “reorganisation” of its Bermuda operations. The layoffs announced to staff in stages this past Thursday, Friday and yesterday, are not effect...

HSBC Bank Bermuda has not confirmed whether its workforce will be trimmed as part of the 30,000 global jobs cuts planned over the next three years by its parent company HSBC Holdings plc. HSBC Holdings plc, which yesterday reported a three percent in...

Thirty-five people will be made redundant at Aircraft Services Bermuda Ltd (ASB) following the closure of certain parts of the company’s airport operations, parent company Bermuda Aviation Services (BAS) announced yesterday. All of the positions are ...

High-level layoffs have been made at the Island’s two Government-owned golf courses, The Royal Gazette understands. A total of at least six staff at Port Royal and Ocean View golf courses were informed on Tuesday that their positions had been termina...

The Bermuda Telephone Company (BTC) has released seven more employees as part of its continued shift in strategy, coming on top of the 25 staff the company made redundant last year, The Royal Gazette can reveal. A BTC spokeswoman said yesterday that ...

Commodities broker Seaboard Overseas Ltd is to close its Bermuda office with loss of 12 jobs. The Royal Gazette understands that the operation will be relocated to the Isle of Man, following the closure of the Bermuda office on April 30. The posts to...