Finance Layoffs: JWM Partners, MetLife and more

Bad news for bankers this Wednesday. The latest rumors and reports of layoffs are at JWM Partners LLC and MetLife Inc. (NYSE:MET), while some other firms are finding alternatives to layoffs.

• JWM Partners, a hedge fund, is closing its main Relative Value Opportunity II fund, according to Bloomberg.
• MetLife sales offices have laid off several employees in the New York tristate area. More layoffs will happen at the end of the month, according to Layoff Tracker.
• Meanwhile, law firm Cadwalader, Wickersham & Taft LLP is letting 34 lawyers from the capital markets and real estate finance groups accept a one year sabbatical instead of being laid off, according to Above the Law.

 

It's a tough employment market for financial professionals, but there are jobs as companies are hiring. In fact, Barclays plc (NYSE:BCS) and Aladdin Capital are just a few companies hiring. Here's our pick of the day from The Deal's Career Channel:

VP, Project Manager in Prime Brokerage Operations at BNP Paribas in New Jersey

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:

Also see:

Finance Layoffs: Wells Fargo, Stanford and more

Finance Layoffs: 467K jobs lost

Finance Layoffs: Wells Fargo and more

Finance Layoffs: Lloyds, GE Capital and more

Finance Layoffs: HSBC, LSE and more

Finance Layoffs: Jobless claims rise

Finance Layoffs: Barclays and more

Pink slips on Wall Street

Continue reading below

Post a comment

Name:

Email Address:

URL:

Remember personal info?

Comments: (you may use HTML tags for style)

Please only click "Post" once. It may take a few moments to process.

Deal Video

	Inside The Deal: Linklaters' Schmidt says how regulators handled Pfizer Inc.'s acquisition of Wyeth is an outlier of how others merger reviews will be conducted.
More video...

Elsewhere on The Deal.com

Dealwatch

• Kraft Foods Inc.
• BofA-Merrill Lynch
• AIG Inc.
• Yahoo!

The Deal Magazine

• Coyote ugly
• The new super-regionals
• Buyout blackball?
• Too big to flail

Corporate Dealmaker

• GM revamps Opel management for restructuring
• Linklaters' Schmidt on Pfizer-Wyeth review
• Exxon has a JV in what?
• JAL talks with Delta, American heat up

The Deal Video

• NYSE Euronext's Cutler on hot week for IPOs
• Financial services tech firms attract investors
• Oppenheimer's Heinberg on a CIT Group bankruptcy
• Technology M&A's tipping point

Categories

• Bankruptcy
• Corporate restructuring
• Deal international
• Dealmakers
• Featured
• IPOs
• M&A
• Middle market
• Law & regulation
• Private capital
• Conferences
• Technology

Blog roll

• BloggingBuyouts
• BloggingStocks
• Dealbook
• DealBreaker
• Deal Journal
• FT Alphaville
• footnoted.org
• Going Private
• peHUB
• Reuters Dealzone
• SEC Investor
• Prince Of Wall Street
• Bankruptcy Bill
• Information Arbitrage

Archives

• November 2009
• October 2009
• September 2009
• August 2009
• July 2009
• June 2009
• May 2009
• April 2009
• March 2009
• February 2009
• January 2009
• December 2008
• November 2008
• October 2008
• September 2008
• August 2008
• July 2008
• June 2008
• May 2008
• April 2008
• March 2008
• February 2008
• January 2008
• December 2007
• November 2007
• October 2007
• September 2007
• August 2007
• July 2007
• June 2007
• May 2007
• April 2007
• March 2007
• February 2007
• January 2007
• December 2006
• November 2006
• October 2006
• September 2006
• August 2006
• July 2006
• June 2006
• May 2006
• April 2006
• March 2006
• February 2006
• January 2006
• December 2005