A total of 4,480 have been told to leave as the Cameron Government tries to reduce the number of regulars by about 20 per cent to 82,000.
Those who take voluntary redundancy will be leaving within six months, and compulsory redundancies will be completed in a year, the Defence Ministry announced.
The Ministry said that the move was necessary to address the multi billion-pound deficit and bring the defence budget back into balance, but insisted that the operational capability would not be affected.
"Although smaller, our armed forces will be more flexible and agile to reflect the challenges of the future with the protection and equipment they need," he added.
He has confirmed there will be no further reductions in manpower in the next round of spending cuts.
"The end of combat operations in Afghanistan and the restructuring of our armed forces means they will be more reflective of the complex global situation and more adaptable to future challenges and threats," said Chancellor George Osborne, speaking from the G8 Summit in Northern Ireland earlier.
"As part of these changes, yes there have been difficult decisions about getting the size of the Army right, but we're also purchasing for them the latest equipment.
"Both the Chief of the Defence Staff, General David Richards, and the Head of the Army, General Peter Wall, are concerned about the impact of further defence cuts.
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