Thread regarding Credit Suisse Group layoffs

4000 jobs to be cut, 2016 Credit Suisse Layoffs to be bloodiest since 2008

Things continue to go down the drain, fixed income to be hammered, if we hit a recession we may see many more layoffs - UBS just finished another back office cut round and BAC is laying off too on the Investment Banking side - overall, it does not look good and we'll see what 2016 brings

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