Formerly About Applied Materials Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Applied Materials

AMAT 304.08

+2.2%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: StanX Long who wrote (55608)	11/14/2001 11:55:01 PM
From: StanX Long	Read Replies (1) of 70976

Signs the bottom is close. Stan Merrill Lynch set for more job cuts Few workers seen taking voluntary severance packages msnbc.com LONDON, Nov. 14 — Staff at investment bank Merrill Lynch & Co Inc. were braced for a fresh wave of forced job cuts as industry sources said on Wednesday the group’s voluntary redundancy scheme had not attracted enough candidates. MERRILL, WHICH OFFERED severance packages to its 65,900 employees around the globe in a bid to cut costs amid slumping profits, declined to say how many staff had accepted the offer and said it had no overall target for job cuts. Yet some industry sources said the package, based on how long staff had worked for the company, was in most cases not rewarding enough to convince staff to leave. The deadline for accepting the voluntary offer was last Friday.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next