Monday, Oct 20, 2008

Merrill Chief Thain Expects `Thousands' of Job Cuts

bloomberg: Merrill Chief Thain Expects `Thousands' of Job Cuts

Most of the cuts will fall in information technology, operations and ``corporate functions,'' Thain, 53, said in a Bloomberg Television interview in Dubai today. Jobs in the fixed income and commodities divisions won't be eliminated after the deal, he said.

Posted by mark @ 04:20 PM (171 views) Add Comment

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