Last week's snow seems to have slowed the flurry of job losses (no pun intended), but today it seems they've picked up from where they left off.

This morning it was announced that 70 jobs could be lost at International Rectifier Limited, an electrical components manufacturer in Newport. These losses would be on top of the 54 redundancies made just three months ago.

And in Cardiff, MP Julie Morgan's campaign to keep the International Baccalaureate's UK HQ in the city looks to have failed, at a cost of about 300 jobs. The education standards body will be relocating many of its head office functions to Amsterdam, and keeping on just 40 of it's staff at the Cardiff base.

In a press release explaining the decision the company said:

"The locations had to meet a set of criteria deemed necessary to bring about organizational effectiveness and efficiency. Management considered criteria that included overall economical cost structure for the long-term, employment legislation and practices, attractiveness for staff relocation and transport links. Finally the locations’ ability to satisfy the global perception of the IB as international was also considered."

Many have taken this to be a slight on Wales, and Cardiff in particular, as it implies that we're not an 'international city'.