Description: Job cuts in the financial world are expected to persist for some time. But there are bright spots for MBAs, bond traders and investment bankers.
Keys: HR (p286), Economy (p66)
Questions for discussion:Ã‚Â
- Are there any differences in the hiring and firing practices of Wall Street HR departments and say, GM? Explain your answer.
- What risk is there to firing employees, especially highly skilled financial specialists?
- Are there alternatives to firing when revenues drop at a firm? Explain your answer.