Companies in the U.S. increased cuts this month to 254,000, ADP Employers Service told
Bloomberg. That's bad news for the finance industry, which may
face more losses. The latest reports and rumors of layoffs are at
New Star Financial.
- NewStar Financial has laid off 29 employees. This is the company's second round of layoffs, according to peHUB.
Even though several companies are laying off employees, several are also hiring. Wells Fargo & Co. (NYSE:WFC) East Coast banking head Laura Schulte
told The Charlotte Observer "that she doesn't know of any more major layoffs in the works. Instead, she expects the bank to start adding jobs in Charlotte." Check our job opening
pick of the day from The Deal's Career Channel:
Private Equity Sr. Assoc/VP
in ConnecticutFor a roundup of all the announced layoffs to date, check out
The Deal's Pink slips on Wall Street Dealwatch. Also, feel free to leave us any layoff or hiring rumors you are hearing.
- Maria Woehr
Follow me on Twitter
@newsgirlmw or join our
Facebook Group.
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