Tuesday, March 11, 2008
More City jobs to go
Fears For Jobs As Top Firm Said To Lay Off 1,400
The news that Lehman Brothers is likely to lay-off another 1,400 staff, or around 5% of its workforce, will send shivers down the spine of any professionals who currently work in investment banking. ... an unnamed person 'close to Lehman' who said that they thought that the total layoff number there could be double the 1,400 figure rumoured.
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