Browsing: Layoffs/restructuring

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Wall Street Starts 2024 off with Negative Jobs Outlook

02/08/2024
Wall Street layoffs rose for the fourth consecutive month to hit 23,238 layoffs – the highest monthly layoff total since September 2018.  Hiring plans also remained weak in January as ...
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Bearish Wall Street Jobs Outlook in December 2023

01/11/2024
Wall Street layoffs rose for the third consecutive month to hit 6,260 layoffs, while hiring plans plunged during December.  The bearish jobs data seen in December is consistent with the ...
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Dataminr Inc. Announces Major Restructuring Amid Economic Challenges

12/06/2023
Last week, Dataminr Inc., a New York-based provider of social media data and analytics, announced that it is laying off 20% of its workforce as it prepares to increase its ...
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Barclays Looking to Cut Both Clients & Costs

12/05/2023
Barclays, a UK-based global investment bank, is considering shedding thousands of their least profitable clients, and cutting ties with a similar number of employees in its latest cost-cutting initiative. Leaning ...
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Mixed Wall Street Jobs Outlook in September 2023

10/12/2023
Wall Street layoffs dipped for the fourth consecutive month to hit 334 layoffs, while hiring plans plunged during September following a spike in hiring in the previous month.  The mixed ...
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UBS Expands Stock Research for Credit Suisse Wealth Clients

09/19/2023
In the wake of its emergency acquisition of Credit Suisse, UBS Group AG is set to significantly expand its equity research offerings to Credit Suisse's wealth management clients. Details about ...
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Wall Street Jobs Outlook Improves in August 2023

09/07/2023
Wall Street layoffs dipped for the third consecutive month to hit 1,776 layoffs in August, while hiring plans surged to the highest level seen since February 2023.  Despite the bullish ...
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Wall Street Jobs Outlook Remains Depressed in May 2023 

06/23/2023
Wall Street layoffs surged over 3000% to more than 3,500 layoffs in May from the same month last year, while hiring plans fell during the month. The negative jobs performance ...
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Company Wide Layoffs at GLG – Recessionary or Investor Led Pressures?

05/30/2023
According to information provided by LinkedIn, expert network pioneer, GLG recently announced companywide layoffs of an undisclosed number of employees.  Is this move a sign that other research providers are ...
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Wall Street Jobs Outlook Remains Weak in March 2023

04/14/2023
Wall Street layoffs surged for the second consecutive month to hit over 10,600 layoffs in January, while hiring plans fell sharply during the month.  The bearish jobs performance is consistent ...
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