Bank Layoffs – 18,252

Banks are cutting people when market recovers.In some places middle level employees are being replaced. At credit Suisse, many people or employees have resigned to avail the benefit of  early retirement with bonus offers. Billboard-sized photos of employees hung on the walls at Wall Street before layoffs began sweeping. the number of employees in the financial sector has come down to a mere 18, 252 because of the layoffs at BofA.

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Wave of layoffs has Wall Street in a sour mood

This article is also connected with layoff.It provides opinions of various people connected with layoffs.According to one person it is very difficult to run a business when people are get hired & fired.Banks are also cutting people when market recovers.In some places middle level employees are being replaced.At credit Suisse,many people or employees have been resigned the job due to early retirement with offers of bonus.