Wednesday, October 15, 2008
New York ‘faces 165,000 job cuts’
New York 'faces 165,000 job cuts'
New York City could lose as many as 165,000 jobs as a result of the crisis in the financial sector, the city's chief financial officer has warned. Comptroller William Thompson estimates the positions will go over the next two years, including 35,000 directly employed in the financial sector.
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