Layoffs Watch '10: Credit Suisse

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The other Swiss bank apparently did some bloodletting today and may have plans for more in the future.

From the mailbag:

"Cuts went down today in FID. There were also layoffs in Equities earlier this month and will likely continue if the most recent quarterly results are any indication..."

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Layoffs Watch '12: Credit Suisse

Cuts are going down at the House of Dougan today. From the front lines: "Layoffs started at Credit Suisse this morning, across the investment bank. All levels affected, including a good amount of senior guys." Apparently these reductions are part of a round cuts announced last year and were to be expected (though the "let's have a chat" from HR this morning may still have been a slight surprise for those being asked to take a seat).