• 15 Jul 2008 at 10:55 AM

Layoffs Watch ’08: JPMorgan

By John Carney

Bearpont Morgan Stearns is said to be canning fifteen percent of its research staff this week. Severance is two months plus two weeks for every year with the firm.

Comments (9)

  1. 1
    Posted by guest | July 15, 2008 at 11:10 AM

    Is this for equities or credit research? Any word?

  2. 2
    Posted by guest | July 15, 2008 at 11:14 AM

    hurry up and grab all the $1800 p/sq/ft condos you can before the price goes up.

  3. 3
    Posted by guest | July 15, 2008 at 11:33 AM

    @ 11:14am
    great call…i’m going to buy a new york condo before i’m priced out of the market FOREVER!

  4. 4
    Posted by guest | July 15, 2008 at 11:46 AM

    Maybe they’re just clearing out the $480,000 they’ll need to buy all of the Wachovia stock on the open market?

  5. 5
    Posted by guest | July 15, 2008 at 12:12 PM

    How about buying those Manhattan condos in Brooklyn.

  6. 6
    Posted by guest | July 15, 2008 at 10:14 PM

    Heard that the industrial team that came from Bear is getting canned.

  7. 7
    Posted by guest | July 16, 2008 at 2:00 AM

    Mission: nobody mention the guy from delaware tomorrow and hopefully he’ll stay away.

  8. 8
    Posted by guest | July 16, 2008 at 2:01 AM

    Mission: nobody mention the guy from delaware tomorrow and hopefully he’ll stay away.

  9. 9
    Posted by guest | July 16, 2008 at 2:12 AM

    “I’m appreciative every time I see Mitt on television on my behalf,” McCain said at a fundraising event in New Mexico. “He does a better job for me than he did for himself, as a matter of fact.”

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