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<blockquote data-quote="texan" data-source="post: 1055098" data-attributes="member: 38206">A week of Wall Street layoffs NEW YORK (CNNMoney)&nbsp; -- As protesters find new ways to &quot;Occupy Wall Street&quot;, major financial firms have&nbsp;been busy handing out pink slips this week. It&#039;s the second week of what&#039;s expected to be a brutal season for job cuts as big banks have already announced&nbsp;that there will roughly 75,000 fewer people working at their firms.Bank of America, and JPMorgan Chase commenced new rounds of job cuts this week, following the lead&nbsp;of Citigroup, Goldman Sachs, Credit Suisse and RBS. Most of the layoffs at Bank of America this week came from the firm&#039;s investment banking and capital&nbsp;markets divisions, according to a source close to the firm.A Bank of America spokesperson declined to comment.&nbsp;In September, Bank of America announced planned cuts of 30,000 employees over the next several years.</blockquote>

[QUOTE="texan, post: 1055098, member: 38206"] [B]A week of Wall Street layoffs NEW YORK (CNNMoney) -- As protesters find new ways to "Occupy Wall Street", major financial firms have been busy handing out pink slips this week. It's the second week of what's expected to be a brutal season for job cuts as big banks have already announced that there will roughly 75,000 fewer people working at their firms. Bank of America, and JPMorgan Chase commenced new rounds of job cuts this week, following the lead of Citigroup, Goldman Sachs, Credit Suisse and RBS. Most of the layoffs at Bank of America this week came from the firm's investment banking and capital markets divisions, according to a source close to the firm. A Bank of America spokesperson declined to comment. In September, Bank of America announced planned cuts of 30,000 employees over the next several years. [/B] [/QUOTE]

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