Executive Moves
Surge In London Financial Layoffs Likely, As New York Escapes Major Culls
Financial firms in London, besieged by Europe’s sovereign-debt crisis, probably will shrink their workforce this year, snapping a hiring rebound from 2008’s credit crisis as New York’s industry ekes out job growth. London’s proximity to the debt crisis is undermining the city’s efforts to gain on its trans-Atlantic rival. While…
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