Bad news for those in the finance industry. The latest reports and rumors of layoffs are at Ameriprise Financial Inc.'s (NYSE:AMP) newly acquired Columbia Management asset division, Landesbank Baden-Wuerttemberg and Chrysler Financial.
- Ameriprise Financial, which bought Bank of America Corp.'s (NYSE:BAC) Columbia Management division, said there have been no decisions about layoffs but will make them before years' end, according to The Charlotte Observer.
- German public sector bank Landesbank Baden-Wuerttemberg is eliminating 2,500 jobs by 2013, according to BusinessWeek.
- Chrysler Financial is cutting 360 positions at its Farmington Hills, Mich., headquarters and regional offices, according to the Detroit Free Press.
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:
Restructuring VP in New YorkFor 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
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