A Record Year in Finance# Business - 商学院
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A Record Year for Layoffs in Finance
Wall Street is hacking jobs in huge numbers due to the subprime mortgage
crisis and resulting credit crunch. The purge may not be over yet
by Steve Rosenbush
It's official. This is the worst year ever for layoffs in the U.S. financial
-services industry—and there's still more than two months to go.
As of October, finance companies had announced 130,000 job cuts for the year
to date, according to outplacement firm Challenger, Gray & Christmas. That'
s more tha
Wall Street is hacking jobs in huge numbers due to the subprime mortgage
crisis and resulting credit crunch. The purge may not be over yet
by Steve Rosenbush
It's official. This is the worst year ever for layoffs in the U.S. financial
-services industry—and there's still more than two months to go.
As of October, finance companies had announced 130,000 job cuts for the year
to date, according to outplacement firm Challenger, Gray & Christmas. That'
s more tha