Written by Timothy Blake on October 23, 2007 under Archives, Job Losses
This is the worst year ever for layoffs in the U.S. financial-services industry—and there’s still more than two months to go, according to Steve Rosenbush at Business News. Layoffs seem to span all levels, from mortgage brokers to processors, all the way up to white collar fund managers. Layoffs include those making $35,000 a year, all the way up to those who enjoyed making $3 to $5 million a year.