Tag:
job losses
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Latest Headlines
NYC was bailed out too
In the end, the financial crisis and recession in New York City just wasn't that bad. That's a somewhat surprising conclusion from the New York Times , given the headlines we've become accustomed to over the last year. In the heat of the crunch, it looked a one-for-the-ages sort of collapse. Bu
The big picture on Wall Street jobs
The downsizing of the financial services industry is proceeding via nicks, cuts and big shogun slashes. Through October, 130,000 financial jobs had been eliminated throughout the industry this year, according to Challenger, Gray & Christmas. But the news of 53,000 job cuts at Citigroup will ra
Employment situation worsens in NYC
Recall that in March, New York City's budget office predicted that 20,000 jobs would be lost in the financial services sector. It now says that total job losses will run to 33,300 jobs, notes Financial News Online . More than 17,000 of those job losses will have taken place in the the last quar
SPOTLIGHT: Banks to hire more outside of U.S?
Are you willing to go abroad? We've noted New York City is expecting massive job losses in the financial sector. But the hiring situation may be a bit brighter abroad. Something to think about as you bargain. Article
(financial sector, hiring situation, job losses)
