Layoffs

  • 05 Jun 2014 at 10:30 AM

Layoffs Watch ’14: Goldman Sachs, Etc

“Etc” being banks where “trading revenue [has] plunged,” which seems reasonable. Read more »

  • 03 Jun 2014 at 10:00 AM

Layoffs Watch ’14: Barclays

The Brits are preparing to say so long to a bunch of employees in Asia. Read more »

  • 29 May 2014 at 3:10 PM

Layoffs Watch ’14: Goldman Sachs

Employees, particularly those in fixed income, are reportedly worried about having an uncomfortable conversation with Gary Cohn’s inner thigh. Read more »

  • 27 May 2014 at 3:34 PM

Layoffs Watch ’14: RBS

The bank is set to relieve a whole bunch of employees of the need to come into the office (ever again). Read more »

  • 12 May 2014 at 9:45 AM

Layoffs Watch ’14: JP Morgan

The House of Morgan is expected to lay off a whole bunch of employees this year. Those cuts, along with increased regulatory pressure, will somehow supposedly, eventually, cause Jamie Dimon to decide his gig as CEO is not worth the trouble and quit to become a shepherd, according to analyst Dick Bové. Read more »

  • 08 May 2014 at 2:50 PM

Layoffs Watch ’14: Barclays Has A Plan

In addition to the 12,000 aforementioned cuts, the Brits will be handing out an addition 7,000 pink slips between now and 2016. Read more »

  • 06 May 2014 at 4:08 PM

Layoffs Watch ’14: Barclays

That big round of cuts CEO Antony Jenkins has been chomping at the bit to announce are expected to come later this week. Read more »

Antony Jenkins knows people are pissed. He knows it looked bad to increase bonuses after profits fell. He knows investors want results. He knows everyone is tense. He also knows that if everyone would just sit tight, and give him a couple weeks to finish a project he’s been working on, a lot of people will feel a lot better about the pay situation come May 8, when he officially announces the firing of a boatload of employees. Read more »