Financial Job Losses May Double to 350,000

[turkeyneck]

Nov. 21 (Bloomberg) -- The bloodletting in the financial- services industry will accelerate in coming months, with job cuts doubling to about 350,000 worldwide by mid-2009, said Brian Sullivan, chief executive officer of search firm CTPartners.

http://www.bloomberg.com/apps/news?pid=20601087&sid=anWW4DNa77.I&refer=home

 

[index_trad3r]

sucks major balls for all the commerce/business grads now and over the next 5 years or maybe even further because this industry may have shurnk permanently. Thankgod i am not one of them.