Layoffs Watch '11: Gleacher & Co
From the front lines:
All of equities (research/sales/trading) cut. Sixty or so in equities affected, around 30 bankers, including some senior level ones. Two months severance for all.
From the front lines:
All of equities (research/sales/trading) cut. Sixty or so in equities affected, around 30 bankers, including some senior level ones. Two months severance for all.
