JCB redundancies mean more doom and gloom

When, oh when, will the doom and gloom of the credit crunch end?
It just seems to be one round of redundancies after the other, and my neck of the woods is feeling it as much as anywhere.
JCB has announced tonight that it is making even more redundancies - another 398 to be precise. It's a bitter blow for the company's staff, after a deal struck between management and union members seemed to have limited the number of job losses.
However, it seems sales continue to slide and things just get worse and worse. You have to feel for these people and their families, who have been commenting furiously on the website of my local paper, The Sentinel in Stoke-on-Trent.
As one woman put it: "There are mortgages to pay and children to feed."
Mind you, there has at least been some relief with the Government's decision to again award the Post Office Card Account(POCA) contract to the post office.
Many post office workers in Staffordshire feared it'd be the end of their businesses if the contract went to a private firm. At least Whitehall has seen sense, hopefully meaning that the post offices which provide such a vital service in many communities will stay open - for now.
It's good (in a way) to see that some people can find humour in these desperate times, though. The Sentinel has found a cracking credit crunch song, which was posted on YouTube. It's definitely worth a look if you need cheering up.