Layoffs

  • 25 Feb 2013 at 4:40 PM

Layoffs Watch ’13: Goldman Sachs

The House of Lloyd is said to be doing its annual cut of the bottom 5 percent and then some later this week. Read more »

  • 25 Feb 2013 at 2:41 PM

Bonus/Layoffs Watch ’13: UBS

Both are expected to go down shortly. Read more »

  • 13 Feb 2013 at 12:20 PM

Layoffs Watch ’13: JPMorgan

Cuts are said to have gone down at the House o’ Dimon this morning, apparently affecting a handful of equities employees.

  • 24 Jan 2013 at 2:33 PM

Layoffs Watch ’13: Barclays

Earlier this week Barlcays promised not to dawdle when it comes to canning the 2,000 employees slated to be cut. Today employees in Asia got to experience that follow-through in action! Read more »

No more long, dragged out firings. No more dread-filled days wondering if HR is coming for you and, if so, when. If you’re a Barclays employee set to be canned, you’re getting canned A-SAP. Read more »

  • 18 Jan 2013 at 6:05 PM

State Street Picks Up the Layoffs Baton

Morgan Stanley may be done showing people the door but State Street is just getting started.

SSC said today that it would cut 630 jobs in a conference call and filing larded down with jargon to soften the fact that it’s canning 2% of its staff. The result, according to CEO Joseph Hooley, will be a “leaner, more efficient, and more profitable enterprise,” even after one takes into account the roughly $220K a head it will cost to lay people off. Read more »

  • 16 Jan 2013 at 12:27 PM

Layoffs Watch ’13: UBS

Cuts are said to be going down in New York. Read more »