Layoffs

  • 04 Jun 2013 at 1:47 PM

Layoffs Watch ’13: Gleacher & Co

G&C announced this morning it’s given the investment banking business the heave-ho. Read more »

  • 03 Jun 2013 at 3:39 PM

Layoffs Watch ’13: UBS O’Connor

UBS’s O’Connor LLC, the Swiss bank’s hedge fund that provoked the ire of many an employee last March, when it treated them like regular old UBS employees come pay day, causing them to “contact other hedge funds and recruiters” to explore options, has followed up its last act with one entitled “Don’t let the door hit you on the way out.” Read more »

  • 28 May 2013 at 4:40 PM

Layoffs Watch ’13: British Banks Are Number One!

When it comes to telling employees to take a long lunch and not come back. Read more »

  • 15 May 2013 at 12:54 PM

Layoffs Watch ’13: BNP

The French have suggested everyone gird their loins for big-ish cuts. Read more »

Economics teaches us that companies do not have an unlimited number of employees to lay off. Data backs this up. Read more »

  • 07 May 2013 at 10:59 AM

Layoffs Watch ’13: SocGen

The French are planning cuts, but only for those who want ‘em. Everyone else can stay. Read more »

Nothing has been finalized, though according to a spokesperson for the bank, anyone who’d like to take a little initiative and just would be helping the bank out big time. Read more »