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Saturday, November 7, 
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Finance Layoffs: D.E. Shaw and AmEx

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pinkslips_transparent_125x100.gifThe financial services sector lost 30,000 jobs in May. Although job losses are slowing down, many pink slips are still being handed out. The latest companies in the finance industry that are rumored and reported to be cutting jobs are Capital Guardian Trust Co., D.E. Shaw & Co. and American Express Co. (NYSE:AXP).

  • Capital Guardian Trust, a division of the Capital Group Cos., will lay off 94 employees at in San Antonio, according to the San Antonio Business Journal.

  • Layoffs went down at D.E. Shaw Tuesday, according to Dealbreaker.


It's a tough employment market for financial professionals, but there are jobs. Oppenheimer & Co. is hiring five to 10 investment bankers in the next few months, according to The Wall Street Journal. Here's our pick of the day from The Deal's Career Channel:

Investment Banking Analysts and Associates in New York

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 or hiring rumors you are hearing. - Maria Woehr

(Follow me on twitter or send me tips: @newsgirlmw)

Also see:
Pink slips on Wall Street
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