Meredith Whitney Sees 100,000 Banking Jobs Cuts This Year
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Chief executive officer of Meredith Whitney Advisory Group LLC, Meredith Whitney, stated 2012 has the potential to be a repeat of 2011 for the banks.
Mr. Whitney anticipates banks will announce the termination of roughly 100,000 jobs during the year, which is only half of the 200,000 announced during 2011, reports Bloomberg.
Mr. Whitney anticipates banks will announce the termination of roughly 100,000 jobs during the year, which is only half of the 200,000 announced during 2011, reports Bloomberg.
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