Fannie Mae, the mortgage-finance company now under direct Federal control, cut several hundred jobs today at its Washington headquarters as it adds workers elsewhere to…
We reported Tuesday that Bank of America expects to lay off several thousand employees in its capital markets businesses beginning this week. Now more details…
Cerberus Capital Management LP, the private-equity firm whose holdings include Chrysler, may cut its workforce by 10% amid a freeze in leveraged buyouts. Cerberus hasn't…
The employment landscape for 2009 looks really, really bad. But it might not be so bad for accountants. From AccountingWeb.com: According to staffing firm Robert…
General Electric is cutting jobs at finance unit GE Capital as part of a $2 billion cost-reduction program. GE said it was making announcements internally,…
Financial colossus Barclays, the world's 25th largest firm, will cut 2,100 jobs from its UK retail & commercial banking businesses and Barclays Wealth, which is…