Things are not that good - also, in IT, more jobs to be sent off-shore
4000 jobs to be cut, 2016 Credit Suisse Layoffs to be bloodiest since 2008
Things continue to go down the drain, fixed income to be hammered, if we hit a recession we may see many more layoffs - UBS just finished another back office cut round and BAC is laying off too on the Investment Banking side - overall, it does not... — read more
Redundancies at CSG in London - Fixed Income
The group is hit pretty hard with job cuts affecting all levels
Lay off bad people and let the good people bring good reputation to CS.
Just like cancer, a small number of dangerous and bad-behaving cells slowly but surely kill off the normal cells. CS body is not dead yet, but many of the good body parts are killed off because of a few bad behaving cells. CS is not just a few evil... — read more
1.5K to go very soon
1.5K to go very soon. It's not even funny to see the big boys ax thousands of people and the market not even notices. Not sure who's going to be affected but you can find that on any news site - what perplexes me are the numbers - this is massive and... — read more