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.


Five Sectors That Can Survive a Recession

Despite fears of inflation, the ongoing credit crisis and sluggish economic growth, there are areas of the economy that are growing and small business owners who are flourishing. Here are five strong sectors for small businesses…

…Opportunities in Finance
Financial experts are always in high demand, whatever shape the economy …


THE JUNGLE Applicants’ Personalities Put to the Test By TODDI GUTNER

Armed with an M.B.A. from Arkansas State University, 24-year-old Dana Lund figured she had what she needed to succeed at her new job in the sales-training program at Acxiom Corp., a global interactive marketing firm.
But it wasn’t until she took the Birkman Method personality assessment test — a 45-minute …


Can A Non-Chief Get An Employment Contract? By TODDI GUTNER

Q. I think I am about to be offered a job that would require me to relocate my family several states away. It’s a senior-level job, one step below c-level, but not one that would normally come with an executive contract. But, given the state of the economy, I’m hesitant to move without some guarantees. Should I try …


Smart Promotion Strategies By Carrie Smoot

Most people want to advance in their careers as much as possible. But many of us are unsure of how to achieve a higher-level opportunity. Would earning an advanced degree help? Which professional direction interests me the most? What else will I need to learn? Would I even feel comfortable in a new role? How is this going to affect my …


Business Basics Should You Take That Buyout? By Tara Weiss

Been offered a voluntary buyout and you’re wondering whether to take it?

If you’re within five years of retirement: absolutely. If you’ve been recently passed over for a promotion: probably…

…The time before you accept (or reject) a buyout is when you have the most power. Buyouts are generally negotiable. …