The longer - term effects of the credit crunch have yet to be seen but are having a powerful impact on all markets and shifting the contours of the global economy. (targetjobs.co.uk)
Cadwalader, Wickersham & Taft announced today it is laying off 96 lawyers in a second round of job cuts as the Wall Street firm continues to cope with the ongoing effects of the credit crunch. (amlawdaily.typepad.com)
UK supermarket Tesco has announced that it is drastically reducing the price of organic produce by up to 25 per cent, in response to feedback from consumers who are feeling the effects of the credit crunch. (dairyreporter.com)