Bad news for bankers this Monday. The latest financial institutions that reportedly are laying off include HSBC Holdings plc (NYSE:HBC) and Provident Financial Inc.
- HSBC last month reportedly laid off about 90 junior and middle management employees in the United Arab Emirates, according to The National.
- Provident Financial Inc., a Kalispell, Mont.-based investment and
lending company, will liquidate its assets. Provident employs 10 people and expects to lay off employees at a future date, according to Daily Inter Lake.com, a news source in northern Montana.
Even though several companies are laying off employees, several are also hiring. Check our job opening
pick of the day from The Deal's Career Channel:
Mergers & Acquisitions Analysts
in ChicagoFor 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
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