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To: SeekAndFind

The New York Post reports that Barclays is poised to cut as much as 10% of its global workforce next month as part of a broader shakeup.

See here:

http://www.nypost.com/p/news/business/layoffs_loom_at_barclays_2mZEUMWIxbRMAcprdWdxOI?utm_medium=rss&utm_content=Business

Also, Morgan Stanley, which is slashing 1,600 jobs from its investment bank and support staff, said 360 cuts are coming from its New York City offices.

See here:

http://www.bloomberg.com/news/2013-01-17/morgan-stanley-says-360-job-cuts-to-be-in-new-york-city-offices.html

Germany’s Commerzbank will likely propose cutting around 6,000 jobs in Germany, or about 18% of the workforce, when starting negotiations with labor representatives next month, three people familiar with the matter told The Wall Street Journal Thursday.

See here:

http://online.wsj.com/article/BT-CO-20130117-709012.html?mod=WSJ_Banking_middleHeadlines


2 posted on 01/18/2013 2:44:39 PM PST by SeekAndFind
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To: SeekAndFind

Morgan Stanley’s NYC cuts went down on Tuesday


6 posted on 01/18/2013 2:58:05 PM PST by jersey117
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To: SeekAndFind

And Morgan Stanley announced great earnings and the stock has gone up around 15% already this year.


9 posted on 01/18/2013 3:12:21 PM PST by what's up
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