Tuesday, November 22, 2011

Wall Street Unoccupied as 200,000 Job Cuts Bring ‘Darkest Days’

...wave of firings that has washed awaymore than 200,000 jobs in the global financial-services industry this year, eclipsing 174,000 in 2009, data compiled by Bloomberg show. BNP Paribas SA and UniCredit SpA announced cuts last week, and the carnage likely will worsen as Europe’s sovereign-debt crisis roils markets..

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