HSBC Adds To The Gloom On Wall Street By Cutting 4,000 Jobs

It's frustrating that this is happening within the context of a so-called hot job market, which makes the pain even worse for some, as the unemployed feel devalued and unwanted. Concerns and anxieties are high regarding future job prospects. If tens of thousands of jobs are lost now in a good market, what will happen when we hit the inevitable downturn or recession?

I am a CEO, founder, and executive recruiter at one of the oldest and largest global search firms in my area of expertise, and have personally placed thousands of profes...

Financial engineering end game.

Agism is one of the biggest reasons for this. It is happening across the board. Those 50 plus are being pushed out of their jobs that many spent a lifetime to obtain & have old contracts. They want them out with peeps with new contracts. I am watching it happening in mining.

When recession is coming again ?

On the road again. IsItThatTimeAgain

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HSBC Adds To The Gloom On Wall Street By Cutting 4,000 JobsA toxic combination of less companies hiring, nearshoring and offshoring jobs, complaints of rampant ageism in the hiring process and the desire of banks to install technology to replace people make it a challenging time for job seekers. Good. Get them out of the city. Gross. poor baby Wall Street! LOL FOH
Source: Forbes - 🏆 394. / 53 Read more »