HUMAN CAPITAL Lay Off Workers, Shoot Self in Foot By Alexandria Sage

The employee layoffs that are starting to pile up around Corporate America may be only the latest evidence of a disturbing syndrome — namely, that most companies are so adamant about securing today’s bottom line, they blithely cover their heads in sand with regard to tomorrow’s…

…Couldn’t they simply …


Barclays May Eliminate 5,000 Lehman Positions in Three Months

Barclays Plc, the U.K. bank that bought parts of Lehman Brothers Holdings Inc.’s U.S. businesses, may cut as many as 5,000 jobs at the bankrupt company, Wall Street recruiters said.

The estimate, based on the $2.5 billion Barclays set aside for severance and retention costs, would mean half …


LOOKING FOR EMPLOYMENT IN TOUGH ECONOMIC TIMES Hanah Cho | On the Job

It’s a tough time to look for a new job, whether you’re unemployed or looking for a better opportunity.

Employers are skittish about hiring, while the pool of job seekers is only getting larger…

…Lisa Tromba, vice president at executive search firm Battalia Winston International, says job …


Spending Power Moves Abroad By Louis Greenstein

A new study finds dramatic gaps in disposable income between U.S. managers and their counterparts in Asia, the Middle East, Eastern Europe and other developing economies. How can employers keep managers on their home turf when they have a lot more spending power abroad?

Time was, employers worried about losing talent …


Bonus Pools In ’08 To Shrink As Big Investment Banks Totter By Brett Philbin

NEW YORK (Dow Jones)–For bankers and traders, the end-of-the-year bonus outlook just got even bleaker.

As two of the biggest investment banks disappear and market watchers weigh the future of Goldman Sachs Group Inc. (GS) and Morgan Stanley (MS) as standalone entities, recruiters and compensation …


Lehman Employees Hold Out Some Hope In Wake Of Barclays Deal

NEW YORK -(Dow Jones)- For many Lehman Brothers employees, the sale to Barclays is seen as just a stay to an inevitable execution.

Barclays PLC (BCS) announced Wednesday that it was acquiring Lehman Brothers Holdings Inc.’s (LEH) broker-dealer, with a staff of about 10,000 people…

…At work, employees scoured …


Eight Ways To Prepare For A Layoff By Joseph Pisani

When Lehman Brothers files for bankruptcy protection and Merrill Lynch gets taken over in a hurry, workers far and wide may have reason to get nervous about their own job security.

Worrying won’t help; instead, experts say you should be getting your affairs in order, both financially and professionally, so that you …


Where Will All the Bankers Go? By David McCann

With Wall Street imploding, swelling hordes of displaced financial-services workers face corporate disinterest and a bleak employment outlook.

The tidal wave of bad finance news is freezing credit availability and battering investment portfolios, but a more human toll is almost certain to follow.