The nation's unemployment rate jumped to
8.5 % in March as employers eliminated a net total of 663,000 jobs, according to The Department of Labor. Unfortunately, many of those jobs were at financial institutions. Here are the latest layoff rumors and reports:
- Royal Bank of Scotland Group plc (NYSE:RBS) will make more cuts due to its acquisition of ABN Amro, according to MarketWatch. The bank has already cut 2,700 U.K. jobs this year.
- Private equity firm Unitas Capital, formerly known as CCMP Capital Asia, said on Friday that it has closed its Tokyo office, according to Reuters.
- Acadian Asset Management has cut 8% of its workforce or 16 people, according to Wealth Bulletin.
It's rough out there, but there are jobs. For the latest job postings, check out TheDeal.com's Career Center.
Here is our pick for the day:
VP, Corporate Finance M&A Latin America at BNP Paribas in New York City
For a roundup of all 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
(Follow me on twitter or send me tips: @newsgirlmw)
Also see:
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Finance Layoffs: Goldman, Merrill and Capital One
Finance Layoffs: RBS (LON:RBS), BofA (NYSE:BAC) and more
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Finance Layoffs: Barclays, BofA and more
Layoff Watch: Morgan Stanley, DLA Piper and more
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Finance Layoffs: Goldman, Morgan Stanley, BofA and more
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Finance Layoffs: Cerberus, BofA, J.P. Morgan and more
Finance Layoffs: Wells Fargo, BOA, Barclays and more
Finance Layoffs: Bank of America, Fidelity, Carlyle and more
Pink slips on Wall Street
Finance Layoffs: Barclays, Sun Capital, Wells Fargo and more
Finance Layoffs: Barclays, Citadel, Bank of America and more
Finance Layoffs: Schwab, BOA, Northern Trust and more
Finance Layoffs: BlackRock, BOA, Blackstone and more
Finance Layoffs: UBS, Citadel, GE Antares and more
Bank Layoffs: Credit Suisse, State Street, Carlyle and more
Merrill Grinch: Layoffs and other bad tidings before Christmas
Bank layoffs: J.P. Morgan, Goldman Sachs, Standard Chartered and more
Layoff roundup: WaMu, Barclays and BoNY
The latest layoff roundup: Citigroup, J.P. Morgan, Nomura, Fidelity, HSBC and more
More bank layoffs announced
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