Layoffs
Layoffs Watch: Credit Suisse Prime Brokers
Turns out you don’t need them if you’re not offering prime brokerage services anymore.
Layoffs Watch ’21: Deutsche Bank
Even after 18,000 job cuts, the Germans think they look a bit flabby.
Need A Job? David Shaw’s Hiring
Oh, do you not have a Ph.D. in math, engineering or a hard science? Pity.
Hedge Fund CEO Announces To Staff That He Was Making Too Many Decisions, Pledges To Stop Making So Many Decisions
Tower Research Capital's Mark Gorton will become chairman and let a newly-formed board handle things going forward, like reportedly laying of 50 engineers.
Layoff Watch '19: Jay Powell Is A Cuck, So 600 People Are Going To Stop Talking To Chuck
These low interest rates are having an impact over at Schwab HR.
Layoff Watch '19: Wells Fargo Has A "Location Strategy" For Telecommuters That Will Require Actual Commuting
An insider tells us that The Stagecoach is asking non-customer facing telecommuters to uproot their lives or find a new job.
Uber Cuts Marketing Headcount By A Third, Still Has 800 People Working On Marketing
Is Uber aware of permalancers?
Layoff Watch '19: It's Citi's Turn To Cull Its Traders
Everyone else is doing it, so now Michael Corbat is too.
Some Deutsche Bank Severance Packages Even Included Keeping Your Old Email For A Few Weeks
The Deutsche Bank layoffs are going as well as we thought.
Deutsche Bank Predictably Manages To Do The Right Thing In Totally The Wrong Way
The whole cutting-things-to-the-bone-and-firing-everyone-before-lunch thing totally would have worked seven years ago. Now? Maybe not so much.
Deutsche Bank Thanking "18,000 Volunteers" On Actual Sign Hanging In NYC HQ Today
You would think that someone in HR would be a little more sensitive to that number right now, but also this is Deutsche Bank.
Deutsche Bank Informing 18,000 People That It's Basically A Community Bank Now, And Also They Are Fired
The Age of Denial is over and the Deutsche Bank we know is truly dead.
Bloomberg: Deutsche Bank's US Headquarters Is A Half-Empty Sadness Factory Fueled By Weltschmerz And Day Drinking
A fun peek inside 60 Wall Street!
Layoff Watch '19: Deutsche Bank Contemplating Giving Its US I-Bank Death By 20,000 Cuts
How does Christian Sewing have 20K people left to lose?
Deutsche Bank's Head Investment Banker Is Facing The Ax Because No Duh
Paul Achleitner has created a situation in which he feels that he can't afford to fire the chief of his failing investment banking unit.
Layoff Watch '19: All Deutsche Bank I-Bankers Might As Well Start Packing Their Scheiße
Deutsche Bank now openly contemplating what an investment bank looks like without investment bankers.
Deutsche Bank Investors Would Really Like Deutsche Bank To Recognize That It Sucks At Investment Banking
In fairness, it seems like they have a point.
Layoff Watch '19: BMO Capital Markets Giving Itself A Little Spring Trim
We hear that HQ is calling for a 5% cut across all groups.
Layoff Watch '19: Goldman Sachs Doing Some Routine Spring Cleaning In Commodities
Mmm, the smell of pink slips wafting in from Battery Park City on the warming air.
David Solomon's Culling Of Goldman Sachs Traders Reportedly Catches A Major Body
20-year veteran and head of program is thought to be the latest victim of DJ D-Sol and John Waldron's trading floor megadeath.
Trump White House Resorts To Torture In Hopes Of Stopping GM Layoffs
This is getting very dark, very quickly.
Layoff Watch '18: Credit Suisse Looking Into How Many People Somehow Still Work At Credit Suisse
The bank tells Bloomberg that it isn't mulling over layoffs, which makes us wonder "why not?"
Brian Moynihan Will Have You Know That He's Fired Thousands Of People, Like A MAN
BriMo would like everyone to know that he might run a bank, but he fired an airline.
Wells Fargo Announces Plan To Just Start Firing People Until The Bloodlust Of Its Customers Is Sated
Tim Sloan seeks "efficiency," and he'll do whatever it takes to find it.