Are Wall Street layoffs coming in 2011?Posted by RJ and Makay on Sep 13, 2010 |
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Layoffs are in
the forecast for Wall Street, according to one banking analyst.
Meredith Whitney, of the Meredith Whitney Advisory Group, recently noted that financial services firms could see as many as 80,000 job losses between now and early 2012. "Over the next 18 months, Wall Street will go through yet another iteration of resizing not seen since the post-dotcom era," Whitney claims.
