Monday, June 30, 2008

It’s All Different This Time …..

Banks and insurers prepare to sacrifice jobs to protect profits

... Or is it?! The VIs suggest all will be OK - employment is solid. "More than 10,000 City staff face sack this summer Fastest fall in profits of financial firms since 1989" Ooopps.

Posted by jonathan @ 11:26 AM (664 views)
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2 thoughts on “It’s All Different This Time …..

  • need-a-crash says:

    “Financial services firms had expected profitability in the sector to remain stable but instead it dived sharply”

    What planet were they living on. The writings been on the wall since Sept 07 if not for years!!

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  • Letsgetreadytotumble says:

    I thought 40 000 jobs were at risk in the city?

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