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10,000 finance job cuts forecast

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    10,000 finance job cuts forecast

    http://news.bbc.co.uk/1/hi/business/7321948.stm



    10,000 finance job cuts forecast

    City of London
    Financial institutions may have to cut back on staff

    At least 10,000 jobs could be lost in the UK's financial services industry during the next three months, according to a forecast by the CBI.
    Confusion is a natural state of being

    #2
    just sacking traders to make way for more IT staff...

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      #3
      all those QA / test teams / spreadsheet jockeys (who don't actually know or do any dev work) will be following the traders out shortly afterwards I imagine

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