Layoffs Watch '11: Credit Suisse

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Cuts have begun at the Swiss bank this morning.

Apparently layoffs "affecting equity, debt, finance, ops, I-banking" have been going down this AM and are expected to continue "through tomorrow."

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Layoffs Watch '12: Credit Suisse

Cuts are said to be going down circa now at the Swiss bank.

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).