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How bad will the Wall Street job cuts be?

November 10, 2008 — 12:06pm ET | By Jim Kim
The Financial Times reports that banks are finalizing their budgets for next year and that many are planning more job cuts. The number could hit 70,000, which would add to the 150,000 jobs the... Read more...

Wall Street firms to axe more jobs this fall?

September 3, 2008 — 9:14am ET | By Jim Kim
Summer proved to be a cruel season on Wall Street. The bloodletting was fierce. But as Breakingviews notes, the picture could get even worse come fall. Historically, job cuts have been mild in the... Read more...

Citigroup bent on eliminating all unnecessary costs

August 26, 2008 — 9:16pm ET | By Jim Kim
The New York Times posts a telling memo from John Havens, the head of Citi's institutional clients group about expenses. It's fair to say that the perks bankers once enjoyed are going away.... Read more...

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