Layoffs

  • 06 Nov 2013 at 4:39 PM
  • Banks

Layoffs Watch ’13: Commerzbank Board

The other Germans are bidding farewell to a couple of directors, to save a few euros. Read more »

  • 06 Nov 2013 at 2:03 PM

Layoffs Watch ’13: Citi

Cuts are said to have gone down at the House of Corbat. Read more »

Banks are practically begging each other to take their employees. Bank of America was so desperate to find jobs for its employees that it invited rival Citigroup to a job fair to interview employees, according to an executive…The bank is aiming to cut more than 4,000 jobs in the fourth quarter and already notified about 1,200 employees this week that they were being let go, people familiar with the matter have said. Executives say they are trying to find other options for their workers. BofA to Citi: Take Our Employees [WSJ]

  • 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 »

  • 19 Sep 2013 at 2:00 PM

Layoffs Watch ’13: Bank of America

The House of Moynihan has had to cut ties with some 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.

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