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After my post the other day about bank layoffs, the news that Goldman Sachs were to layoff 10% of their 32,500 staff led to
Here is the City posting a definitive list of the layoffs from all
banks.  Here's a small selection:

 

%age of         
Jobs      Total jobs

jobs lost         
lost        originally

 

53.5         
     7,500      14,000   
     Bear Stearns

48.3         
   14,500      30,000   
     Lehman Brothers

26.3         
     7,900      30,000   
     Citi

26         
        5,800      22,300
        UBS

25         
        7,000      28,000
        RBS / ABN AMRO

18.2         
     3,650      20,000   
     Bank of America

11.6         
     2,900      25,000   
     HSBC

11.4         
     5,400      47,050   
     Morgan Stanley

10.5         
     2,100      20,000   
    Credit Suisse

 

Shocking!

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Chris M Skinner

Chris Skinner is best known as an independent commentator on the financial markets through his blog, TheFinanser.com, as author of the bestselling book Digital Bank, and Chair of the European networking forum the Financial Services Club. He has been voted one of the most influential people in banking by The Financial Brand (as well as one of the best blogs), a FinTech Titan (Next Bank), one of the Fintech Leaders you need to follow (City AM, Deluxe and Jax Finance), as well as one of the Top 40 most influential people in financial technology by the Wall Street Journal's Financial News. To learn more click here...

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