Posts Tagged “layoffs”
by Wall Street Job Report on June 12, 2014
According to CFO Marianne Lake, the bank may be forced to sacrifice some employees (and bonuses) for the greater good. JP Morgan & Co. may have to push through pay cuts and job reductions in its investment bank, due in (…)
by Wall Street Job Report on March 19, 2013
BlackRock Inc (BLK.N), the world’s largest money manager, will lay off nearly 300 employees, or about 3 percent of its workforce, according to an internal memo obtained by Reuters.
by Wall Street Job Report on January 15, 2013
Wall Streeters better dust off their resumes. Layoffs are coming.
by Wall Street Job Report on November 27, 2012
Credit Suisse will cut about 100investment banking jobs in Britain as part of its restructuring plans designed to find 4 billion Swiss francs (2.7 billion pounds) of savings by 2015, the Financial Times reported on Tuesday.
by Beth Connolly on September 18, 2012
Another week, another wave of layoff announcements in investment banking. This week, it’s Deutsche Bank and Nomura. Deutsche plans to cut senior investment banking jobs in Dubai, according to Reuters. Meanwhile, Nomura has cut a group of about five proprietary (…)