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Community reaction to job cuts

1 November 2012 Last updated at 22:07 GMT

This week it was announced 3,000 jobs could be axed at the Swiss Bank UBS in London - and last week, it was revealed that hundreds of jobs were under threat at the Ford factory in Dagenham.

So what happens when a major employer in an area announces cuts - how does the local community carry on?

BBC London reporter Sonja Jessup went to find out.