Layoffs

  • 07 Dec 2012 at 4:47 PM

Layoffs Watch ’12: Deutsche Bank (Update)

The Germans are said to have asked a handful of employees to clean out their desks. Read more »

The good news: due to logistical issues, no one will be fired before tonight’s holiday party! The less good news: you’ll likely still be fired eventually. Read more »

  • 05 Dec 2012 at 5:07 PM

Layoffs Watch ’12: Credit Suisse (Again)

More cuts at the House of Dougan, on top of the ones in Russia, were said to have gone down today. Read more »

  • 04 Dec 2012 at 1:26 PM

Layoffs Watch: Credit Suisse

The House Of Dougan has apparently said Do svidaniya to a handful of comrades. Read more »

  • 03 Dec 2012 at 7:33 PM

Layoffs Watch ’12: Barclays

Remember when Bank of America said it was working on a little something called “Project New BAC,” and it involved firing a whole bunch of employees? Barclays is apparently working on a coupla “projects” of its own. Read more »

  • 29 Nov 2012 at 2:45 PM

Layoffs Watch ’12: Credit Suisse

Cuts are said to be going down circa now at the Swiss bank. Sales and Trading was Tuesday and Wednesday. Read more »

Back in October, new Citi CEO Mike Corbat’s personal trainer predicted that Vikram Pandit’s replacement would waste no time whipping the place into shape, just like he whipped himself into shape in 2010 with the fat-torching Spartacus Workout. Whereas someone else might’ve let the bank have until the new year to get serious, allowing for one last season of pigs in a blanket and egg nog and late night pizza and entire gingerbread houses, Citi’s day’s of “I’ll start the diet tomorrow” are over. Corbat’s  transformation plan starts TODAY. Read more »