The cuts are across the company as a whole, nationwide, not, as HDM would have you believe, all in Hull. IIRC there have been no notices of redundancy yet. Before announcing redundancies the company has to undergo a consultation period of 30 days and it is this period which has begun.
This I know because the company I work for has just started a similar consultation period. I am out of a job come Feb 28th. Actually I'm not because I've found another one.
