Normally, a recommendation letter from the CEO of a top Wall Street firms would be much coveted, perhaps a deciding factor in landing a job. But what if the CEO was sending such letters out en masse, which is exactly what JPMorgan Chase [0]'s Jamie Dimon is doing on behalf of displaced Bear Stearns [0] employees, according to the Financial Times. He's planning to send 100 letters to "clients, rivals and vendors" to ask them to hire laid-off staff. You have to admire his efforts. It's certainly in the bank's best efforts to keep laid-off employees as bitter-free as possible. To some, it will smack of PR. But it's better than nothing. It may bear fruit for some, but at a time like this, most will still face a bleak hiring environment.
For more:
- here's the Financial Times article [1]
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