JPMorgan CEO Jamie Dimon says he's only going to keep about 40% of the current Bear Stearns staff on the payroll.
That decision is going to make an already tough job market on Wall Street even more difficult. Ashley Milne-Tyte reports.
jamie dimonMost Bear staff to be out on the streetMarketplace Mon, 05/12/2008 - 15:59
JPMorgan CEO Jamie Dimon says he's only going to keep about 40% of the current Bear Stearns staff on the payroll. Stocks rise modestly as CEOs defend Bear rescueMSN Money Latest Articles Thu, 04/03/2008 - 13:00
JPMorgan CEO Jamie Dimon joins Fed chief Bernanke and Bear Stearns CEO on Capitol Hill. Research In Motion's profit doubles, while Cisco gets a downgrade. CEOs defend Bear rescueMSN Money Latest Articles Thu, 04/03/2008 - 10:30
JPMorgan CEO Jamie Dimon joins Fed chief Bernanke and Bear Stearns CEO on Capitol Hill. Research In Motion's profit doubles, while Cisco gets a downgrade. |