Banks’ Job Cuts Around the World
Some interesting stuff i came across yesterday: Banks’ Job Cuts around the world since July 2007.
Source: Bloomberg
I should be proud that HSBC has only cut less than 1 percent positions. Having said that, in China it has slow down quite a bit in recruiting new people, compare to about 100 new people a month at the beginning of this year.
Of course, this only includes high profile annoucements around the world. Banks in Bolivia, Kyrgyzstan and alike are not included.
November 4, 2008 at 3:50 pm
this is an interesting fact!