• 10 Dec 2008 at 9:13 AM

Layoffs Watch ’08: CS

By

Picture 316.pngPreviously announced cuts at Credit Suisse began yesterday and are expected to continue today, with the investment bank being hit hardest. Apparently the mood is “like a funeral” this morning, though that may have more to do with the fact that last night was IBD’s annual holiday party at Chelsea Piers and it was “a lame, sweaty cheese-fest,” though “the drunken groping was at a high, especially among current and incoming employees,” so who knows.

    Sign up for the Dealbreaker newsletter

    Subscribe to our free daily email and get breaking news, financial headlines, commentary, and analysis from Dealbreaker.

    — Advertisement —

    Comments (19)

    1. 1
      Posted by guest | December 10, 2008 at 9:28 AM

      It’s more than anyone could take – twice fucked by the wideclops in less than 24 hours.

    2. 2
      Posted by Seaman Bodine | December 10, 2008 at 9:44 AM

      well, the private bank over there is hiring like mad

    3. 3
      Posted by guest | December 10, 2008 at 9:45 AM

      I’d rather be coming in employees than an incoming employee at CS

    4. 4
      Posted by guest | December 10, 2008 at 9:49 AM

      Pretty ballin’ to have a holiday party and then sh1tcan your people the day after

    5. 5
      Posted by guest | December 10, 2008 at 9:50 AM

      “well, the private bank over there is hiring like mad”
      private is on hiring freeze now as well, talked to HR

    6. 6
      Posted by guest | December 10, 2008 at 10:08 AM

      which groups are taking the hit?

    7. 7
      Posted by guest | December 10, 2008 at 10:24 AM

      eq research associates mostly it seems.

    8. 8
      Posted by GinNTonic | December 10, 2008 at 10:34 AM

      http://www.someecards.com/upload/christmas/plan_on_groping.html

    9. 9
      Posted by guest | December 10, 2008 at 10:58 AM

      how about leveraged finance? S&T?

    10. 10
      Posted by guest | December 10, 2008 at 11:05 AM

      Hearing Goldman has released another 200 in London today.
      Getting worst before it gets good again

    11. 11
      Posted by guest | December 10, 2008 at 11:34 AM

      Financial Sponsors Group at CS is gone! Toast! Finito. Fuck ‘em assholes

    12. 12
      Posted by guest | December 10, 2008 at 11:39 AM

      Financial Sponsors Group at CS is gone! Toast! Finito. Fuck ‘em assholes

    13. 13
      Posted by guest | December 10, 2008 at 5:45 PM

      Is the M&A group getting hit?

    14. 14
      Posted by guest | December 10, 2008 at 5:50 PM

      confirmed – FIG first and second yrs shown the door as well as a lotta GMSG analysts

    15. 15
      Posted by guest | December 11, 2008 at 11:19 AM

      Oh it’s Christmas! Leave her alone.It is hard to be ugly on Christmas and to have to take the first man you get a date with knowing that no other would ever consider it in all those years.

    16. 16
      Posted by guest | December 11, 2008 at 11:20 AM

      This 16 – 19 rant is like that smelly babbling person on the subway. You feel uncomfortable and wish that they would just get off at the next stop. When that doesn’t happen you begin hoping for plan B: that someone will come along soon and arrange to have them removed.

    17. 17
      Posted by guest | December 11, 2008 at 11:23 AM

      17 (formerly 20) here: thank you.

    18. 18
      Posted by guest | December 11, 2008 at 11:48 AM

      Equities research in US let the whole Auto’s and Airlines teams go. No surprise there. Random sales and traders gone throughout as well. Seems like a lot of derivatives traders relative to other groups. Asian teams hit hard. Pieces from all over.

    19. 19
      Posted by yuriusopt | June 22, 2010 at 7:04 AM

      сайт про похудение – На представленном сайте есть множество превосходных статей в которых Вы всегда найдете то что вам интересно.

    Leave a comment

    You can log in with your account or comment as a guest below.

       or