Morgan Stanley plans to cut 1,600 employees starting this week, two people familiar with the matter said on Wednesday, in the latest sign of a pullback on Wall Street as revenue from trading and......
Citigroup Inc said it is cutting 11,000 jobs worldwide, delivering the first of what investors expect to be a new series of steps to shrink the bank down to a more manageable and profitable......
US job cuts have declined about 55 per cent in March this year to 67,000 compared to the same month in 2009, though it will take a while before hiring picks up, says a report. While the job cuts......
Job cuts announced by US employers jumped 31 per cent in July to over 97,000, increasing for the first time in six months, warning of a further hike in downsizing activity by the last quarter of......
When Charlotte Dulaney was five months pregnant with her third child, the furthest thing on her mind was launching a business. It was the late 1980s, and Dulaney, a 31-year-old IT manager for an......