Mortgage-crisis fallout could crimp LI sales, jobs
Story date: 2007-10-31 03:22:00
Added on: 2007-10-31 07:01:06
Newsday - Companies that have announced layoffs so far include Lehman Brothers, which cut 2,500 mortgage jobs nationally; Citicorp, which eliminated 1,600 New York City positions last spring; and Bear Stearns, which has shed about 900 jobs in its mortgage unit ...
Read more...
Related Stories:
-
Lehman looking at cutting some 1,200 jobs: source - Reuters
NEW YORK (Reuters) - Lehman Brothers Holdings Inc is looking at cutting some 1,200 jobs in its latest round of cost cutting,...
2008-08-28 11:32:00 -
Mortgage turmoil: 170 at Credit Suisse lose their jobs
New York Daily News - The lender said mortgage problems could linger for 18 months as it announced layoffs in its commercial...
2007-10-04 03:57:00 -
UPDATE: Reported Lehman Layoffs Could Signal Management Action - CNN Money
NEW YORK -(Dow Jones)- An investment bank announcing layoffs in the current capital market slump may not raise a lot of eyebrows....
2008-08-28 11:43:00 -
Gauging the Slowdown's Impact on Office Space (The New York Sun)
The biggest question in the minds of real estate executives is what effect the Wall Street layoffs and the prospect of a...
2008-06-02 10:44:04 -
LAYOFFS IN OFFING ON WALL STREET
New York Post - The positions at Lehman are concentrated in structured finance, commercial real estate, securitization, trading of mortgages and collateralized...
2008-01-25 01:31:00 -
Lehman Brothers (IWon - Money)
(LEH 45.02, -1.34) and the financial sector (-0.7%) fall to their worst levels of the session on a CNBC report that Lehman...
2008-03-10 08:10:15 -
Companies' Layoffs Hit Home in California Town (NPR)
Mortgage giant Countrywide Financial recently announced that it will eliminate 500 jobs. Countrywide's corporate headquarters is based in Thousand Oaks, Calif., which...
2007-08-27 06:41:06 -
Mortgage lender: Layoffs coming (Albuquerque Tribune)
Countrywide Financial, the nation's largest mortgage lender, said late Friday that it would eliminate as many as 12,000 jobs, which would be...
2007-09-08 08:02:04
