The Deal
Sunday, November 22, 
11:41 am

Job cuts soar over 120,000

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Pink_Slip_transparent.gifBloomberg is reporting that job cuts by banks and securities firms have reached 120,910 since July 2007 and mortgage losses and write-downs for financial institutions reached $557 billion. So as you can imagine recruiters are busy trying to get the attention of unemployed bankers, analysts and traders. However, RJ & Makay is trying to use YouTube to get the attention of possibly soon-to-be laid-off staff at Merrill Lynch & Co., which has agreed to merge with Bank of America Corp. Given reports that as much as 10%, or 27,000, of Merrill Lynch's and Bank of America's employees could get pink slips, it seems like a reasonable idea. - Maria Woehr

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Comments

From: chetan,

People always hate to talk about when they are laid off. But as it has become every day's news headline since Yahoo started it with cutting 1500 of its task force last year, now a need of platform has been in demand where people can express their selves in words how they are feeling about their company, whey the got laid off was that justified or not.
And every thing they want to tell anonymously.And www.layoffgossip.com is providing you that platform.


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