The Deal
Wednesday, November 25, 
11:37 pm

Finance Layoffs: Goldman, Merrill and Capital One

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Layoff news got you down? Well, unfortunately there's more pink slips on the way. Grab a box of tissues. Here's a roundup of the latest layoff rumors and reports.

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Goldman Sachs Group Inc. (NYSE:GS) will trim its equity research team in Japan as early as this week, according to Bloomberg.

Bank of America Corp. (NYSE:BAC) may dole out pink slips this week to Merrill Lynch investment bankers in London, and New York investment bankers could see them next week, according to Dealbreaker.

Capital One Financial Corp. (NYSE:COF) is finalizing its $520 million purchase of Chevy Chase Bank, which likely means layoffs ahead as the two banks integrate. However, word is Capital One will only close Chevy Chase branches in overlapping areas, but since there are few directly competing branches, layoffs probably will be limited.

If you want a constant pink slip fix or want to discuss layoff rumors, check out Telonu's layoff tracker.

For the latest job postings, check out TheDeal.com's Career Center. For a roundup of all of the announced layoffs to date, check out The Deal's Pink slips on Wall Street Dealwatch or any of the links below. Also feel free to leave us any layoff tips or rumors you are hearing. - Maria Woehr

Also see:

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