bummers

Cuts are said to be going down in "waves."

The House of Moynihan is said to be making cuts next week.

And it's going to need lots of employees' help to achieve it, by boxing up their things and leaving the building (forever).

Layoffs are said to be underway at the British bank.

Apparently no one is safe.

Cuts have begun across the pond.

Nice knowing y'all.

Cuts are said to have begun in New York.

This is not so much a request as a requirement you're unlikely to get around, unless anyone is considering chaining themselves to their desks.

The good news is that 75% of the current staff still has a job. The less good news...

The firm is said to be giving a whole bunch of employees the heave-ho.

The Times reports that the friction between Raj Rajaratnam and Rajat Gupta around the Federal Medical Center Devens is more than a little palpable.

Something in the range of double that...and then some.

Or it could be a mere 10,000. The details are still being hammered out.

The bank has reportedly begun a round of cuts that will ax 5,000 employees.

Cuts are said to be going down today.

The bank is set to ask half its bankers in Asia to clear out their desks.

Though not without some compensation for your time and effort.