Goldman, Credit Suisse to cut about 2,000 jobs
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Goldman Sachs Group Inc  and  Credit Suisse Group  on Friday said they will cut  about 2,000 job worldwide as a credit crisis puts a damper on  fixed-income trading and corporate dealmaking.
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Boston Scientific Corp  said on Wednesday it would cut about 2,300 jobs, or about 9 percent of its workforce, and restructure or sell several business units as part of its efforts to reduce operating expenses.
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Credit Suisse today announced that up to 300 jobs will be lost in an overhaul of its troubled investment banking business. The company said its investment arm - Credit Suisse First Boston (CSFB) - would be
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MONTREAL (CP) - Bombardier Inc. is cutting 2,200 more jobs in its rail transportation division, bringing the total reductions to 7,600 by April 2006 - or 21 per cent of the division&#39;s workforce.
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AMSTERDAM, DECEMBER 16: Dutch financial group ABN AMRO said on Thursday it would cut 2,850 jobs in a restructuring in which it broadens group shared services (GSS) and refines its wholesale clients business unit.
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THE banking giant Credit Suisse yesterday unveiled plans to cut back its investment banking activities to high-margin business and float its insurer Winterthur in a major corporate revamp.
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Goldman Sachs Group  and Credit Suisse Group  on Friday said they will cut about 2,000 job worldwide as a credit crisis puts a damper on fixed-income trading and corporate dealmaking.
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Credit Suisse Group, Switzerland&#39;s second-biggest bank, may eliminate hundreds of jobs at its securities unit to lower costs that are among the highest on Wall Street, people familiar with the matter said.
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Credit Suisse First Boston, the securities arm of Switzerland&#39;s second-biggest bank, plans to cut costs by combining some units and eliminating jobs, people familiar with the matter said.
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Business & money: Swiss bank suffers a further Â£2bn writedown, pushing it into the first annual loss in its history
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Bank of America Corp  said it will lay off about 2,500 workers in Illinois and 1,500 in Michigan over the next two years in connection with its $21 billion purchase of LaSalle Bank Corp from Dutch bank ABN AMRO Holding NV .
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Ford Motor Credit, the financial arm of  Ford Motor Co.  said on Thursday it would cut 2,000 jobs  -- almost a quarter of its staff in North America -- and close  branch offices in order to cut costs.
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The record label EMI is planning to cut as many as 2,000 jobs as part of a restructuring plan.
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Bank of America Corp. said yesterday it will slash 3,000 jobs from its workforce of nearly 200,000 and move its top Boston executive to New York to take over the company's troubled investment banking unit.
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MONTREAL (CP) - Bombardier Aerospace is cutting about 2,000 jobs - including 1,440 in the Montreal area - because of slowing demand for its Canadair Regional Jets.
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Troubled music group's new private equity owners to cut between 1,500 and 2,000 jobs worldwide
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Ford Motor Credit, the financial arm of   Ford Motor Co. F.N on Thursday said it would cut 2,000 jobs   -- almost a quarter of its staff in North America -- and close   branch offices in order to cut costs.