Sentences with phrase «financial services job cuts»

Through Oct. 19 of this year, roughly 42,205 financial services job cuts were announced in New York City, reports Chicago - based Challenger, Gray & Christmas.

Not exact matches

The only way to put an end to the city's bleak financial future is by slashing 20,000 jobs, raising taxes, cutting city services and getting help from the federal and...

They have to think about their contractual obligations to authors (often defined in pre-Internet contracts); a myriad companies offering complex arrays of digital services; countless stories of the wonders and horrors of digital publishing; an apparent dearth of staff with both publishing and web - technical skills; financial pressure to cut costs, not start new departments with new staff; and the demands of their day jobs.

To the contrary, those about to embark upon that journey confront: (1) the daunting cost of law school; (2) an average of $ 120K debt for attending; (3) a job market where, nationally, close to half of all graduates do not have Bar - required employment nine months after graduation; (4) a widespread market perception that law school graduates — even those from elite schools — lack «practice ready» skills; (5) cut - backs in hiring newly minted lawyers — even among many stalwart law firms; (6) an erosion of mentorship due in part to pressure on senior lawyers to «produce» more (7) the unlikelihood of making (equity) partner; (8) instability of law firms; (9) global competition; (10) technology companies creating products that replace services; and (11) a blizzard of negative press trumpeting the glum prospects for the profession; and (12) alternative career choices — finance, accounting, technology, etc. — that portend greener pastures and do not require the same time and financial commitment to prepare for entry.

But financial services firms have announced more than 42,000 job cuts in New York through late October this year, according to Challenger Gray & Christmas.