Layoffs

  • 24 Oct 2013 at 2:49 PM

Layoffs Watch ’13: Lazard Capital

On the subject of job cuts, employees would put themselves at ‘very pissed’ on the not pissed to really pissed scale. Read more »

  • 22 Oct 2013 at 11:50 AM

Layoff Watch ’13: Knight Capital Group

Cut are said to have gone down at the kingdom. Read more »

  • 24 Sep 2013 at 1:28 PM

Layoffs Watch ’13: Credit Suisse

The House of Dougan has had to say good-bye to a few of its own. Read more »

Lesson #2: Doing it in a semi-public place tends to minimize the odds people will make a scene.

Lesson #3: Everyone loves a catchy tune.

Read more »

According to a report from Reuters, SAC Capital has laid off “a dozen marketing and sales people,” a move that makes sense in light of the fact that the firm is fast headed towards family office status, leaving little/no need for staffers to pitch outside investors. (The ones who held onto their jobs were presumably retained to target the couple of Cohens who need convincing.) In related news, Millenium Advisors has crossed a line in the sand. Read more »

  • 09 Sep 2013 at 12:03 PM

Layoffs Watch ’13: Comac Capital

The UK firm’s decision to cut 1/3 of its staff is said to be part of a “strategic” plan to stop losing money. Read more »

  • 21 Aug 2013 at 1:34 PM

Layoffs Watch ’13: Wells Fargo

A couple thousand employees have bid the company and its mascot (a stage coach) adieu. Read more »