Layoffs Watch
If You’re Gonna Fire Everyone, At Least Let Them Sleep In The Next Day
United Furniture Industries sees your mass Zoom call and raises you an electronic middle-of-the-night-and-effective-immediately pink slip.
Layoffs Watch ’22: Goldman Sachs
Dealmakers without deals to make are also dealmakers without jobs.
Wells Fargo To Limit The Number Of Mortgages It Can Screw Up, Get In Trouble For
And the simplest way to do that is just to limit the number of mortgages it writes.
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Bonus Watch ’23: Your Bonus Is Keeping Your Job
A half-size bonus is arguably preferable to a pink slip. Arguably.
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Layoffs Watch ’22: JPMorgan Chase, Wells Fargo
If you can do something other than mortgages, great. If not…
Layoffs Watch ’22: State Street Might Like To Buy A Smaller Credit Suisse
What will come first? The cannings or the unsolicited offer?
Better.com Continues To Innovate Not Better Ways To Fire People
We suppose an unexpected severance check is better than a mass Zoom call, but it’s a close-run thing.
HSBC Encouraging Those I-Bankers Who Can To Leave And The Rest To Just Slack Off
Luckily, under its current plan, there will be no need for another awkward conversation on the matter next year.
![By World Economic Forum (Flickr: The Global Financial Context: James Dimon) [CC BY-SA 2.0], via Wikimedia Commons](https://dealbreaker.com/.image/ar_16:9%2Cc_fill%2Ccs_srgb%2Cfl_progressive%2Cg_faces:center%2Cq_auto:good%2Cw_620/MTYxMjc3MTIxNzQ1NzI1NDA0/jamiedimon3.jpg)
Scrooge McDimon’s War On Christmas
If Dirk Albersmeier catches someone so much as putting a holiday card up in the cubicle, there will be hell to pay: There are SPAC prospectuses to read.
You’ll Never Guess Where Commerzbank Found A CEO With A Taste For Five Figures Worth Of Layoffs
Hint: It didn’t have to look far.
Famed Liar, Do-As-I-Say-Not-As-I-Do Proponent Of Radical Transparency Head To Court
When others violate Principles, it should cost them $100 million, according to Bridgewater.
If Ever A Man Needed The Consoling Companionship Of A Piano-Playing Pig
Phil Falcone is that man, and now is that time.
Paul Singer Providing Crucial Diplomatic Guidance To State Department
Surely that’s worth a lavish meal on the taxpayer’s dime?
Layoffs Watch ’20 And Beyond: Turns Out Investment Banking Doesn’t Require Quite So Many Investment Bankers
Wall Street can print money without you.
HSBC Doesn’t Need One In Seven Of You, Especially If You Work In London Or The U.S.
If you’re not an HSBC employee currently worried about coronavirus, you should be worried about your job.
Layoffs Watch ’20: Hedge Fund WorldQuant Might Want To Change Its Name
It’s getting a good deal less global at the quant shop.
Layoffs Watch ’20: AQR Capital Management
Dozens of miserable Cliff Asness underlings are celebrating their involuntary emancipation.
Layoffs Watch ’20: Iqbal Khan Gets Into The UBS Swing Of Things
That or he’s taking out his frustration over being spied on out on 500 of you, and then spying on the rest of you for good measure.