Layoffs Watch '15: Wells Fargo Securities
Cuts are said to be going down today.
From the front lines:
Layoffs across Wells Fargo Securities today in Chicago and CLT. Chicago and CLT told "more to come." Cuts also expected in NYC.
Layoffs Watch '16: AIG Making Big Cuts To "Get Carl Icahn Off Its Back"
Cuts are said to be going down in "waves."
Layoffs Watch '15: JP Morgan
The bank has reportedly begun a round of cuts that will ax 5,000 employees.
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).
Layoffs Watch '12: UBS
Unfortunately-timed cuts are said to have gone down this morning. From the front lines: "Over 30 IBD analysts cut at UBS in New York today. 2 days before bonus announcements..."