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.
Source: CNNMoney.com
Date: 10/03/2009
Keys: HR (p286), Economy (p66)
Link: http://money.cnn.com/2009/09/30/news/companies/wall_street_jobs/index.htm?postversion=2009100320
Questions for discussion:ÂÂ
- 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.
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