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Lehman to cut about 5 pct of staff globally: sourcePDFYazdirE-Posta
 
Yazar - Tarih: UrlaX.NET, 21 Mayıs 2008 00:31:31
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Business NewsNEW YORK (Reuters) - Lehman Brothers Holdings Inc is laying off nearly 5 percent of its workers globally amid difficult market conditions, a person briefed on the matter said on Tuesday.


NEW YORK (Reuters) - Lehman Brothers Holdings Inc is laying off nearly 5 percent of its workers globally amid difficult market conditions, a person briefed on the matter said on Tuesday.

The latest cuts are in addition to the layoffs of more than 5,000 people since mid-2007.

Wall Street firms are reducing staffing levels as the broadening credit crunch cuts into businesses including security underwriting and merger advisory.

(Reporting by Dan Wilchins; Editing by Brian Moss)


(c) Reuters 2008. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks and trademarks of the Reuters group of companies around the world.
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