Recently, the world's steel mills have been running at close to full capacity but getting there was a painful process, including bankruptcies, closures and huge job losses.

ECONOMIST: Enjoy it while it lasts | The

Despite angry opposition to a potential bailout, auto companies contend that if they go bankrupt, there will be huge job losses, not only on factory floors, but also in dealerships and parts suppliers.

NPR: Automakers Lobby Pelosi For Bailout Cash

The undoing of the last bubble resulted in massive job losses, a huge stock market sell-off and the disappearance of hundreds of companies.

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In a statement a spokesperson for the college said the job losses would have "a huge impact" on the region and that staff and management would "do everything in their power to minimise redundancies".

BBC: College staff told to expect 'devastating' job losses

The job losses at Llanidloes have come as a huge blow to the town, which depended on the foundry as its main employer.

BBC: 'Slim chance' of saving factory jobs

"Our undertaking is always that we will look very, very carefully at any other way we can make savings other than job losses because our staff are clearly a huge asset and will always be, " she said.

BBC: K College staff strike over plans to cut jobs

There is clear evidence from Ireland that a blanket ban will result in business closures, job losses, increased levels of crime and a huge hole in central and local government revenue.

BBC: NEWS | UK | Scotland | Smoking curbs - Business view

After a decade of tepid growth and some years of job losses, Silicon Valley has blown itself another huge tech bubble, this time driven by the social media craze and a surge in private-equity investment.

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If it goes ahead with nationalization and it does lead to more job losses, it would lose political capital and suffer a huge blow to its reputation.

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