Layoffs

  • 23 Oct 2012 at 3:39 PM

Layoffs/Hiring Watch ’12: UBS

The Swiss bank is said to be planning a big round of cuts in the investment bank with the aim of saving a bunch of money, which it will then spend on luring in “more promising talent.” Read more »

  • 19 Oct 2012 at 6:26 PM

Layoffs Watch ’12: Barclays

Cuts are said to have gone down with more a-comin’. Read more »

Would’ve been quite the gag but no, he was serious, in case there was a question in anyone’s mind. Read more »

  • 27 Sep 2012 at 5:24 PM

Layoffs Watch ’12: Bank Of America Australia

The House of Moynihan has said goodbye to a bunch of employees down under. Read more »

Actually, we don’t know the reason why several dozen employees in  the bank’s global markets unit in Asia are going to be fired, only that these cuts are not part of Project New BAC (the company’s plan to save $8 billion by laying off 40,000), so “just for fun” is one possibility. Read more »

  • 26 Sep 2012 at 3:10 PM

Layoffs Watch ’12: Bank of America

More cuts are expected at the House of Moynihan this week. Read more »

  • 25 Sep 2012 at 12:56 PM

Layoffs Watch ’12: RBS

Like Bank of America, RBS has some big goals for the coming year, chief among them being the firing of several thousand investment bankers. (For those skeptical they can do it, according to a PowerPoint presentation presented yesterday, re: the “exits,” quite a bit of progress has already been made.) Read more »