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Reasons for Layoffs in the Current Environment

OfficeHours

According to CBS News, excluding January 2023, the January layoffs in 2024 represent the highest number of job cuts announced in the first month of January since 2009. In doing so, firms may be forced to downsize to maintain profitability. When these terms fluctuate, they can impact the profitability of businesses, leading to layoffs.

Finance 130
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Marex hires in ex-Winterflood Securities equities trader

The TRADE

Burgess joined market maker Winterflood back in 2009 and has served as European equities trader, head of European market making, and most recently UK equities trader. In recent times, Winterflood – whose parent company is Close Brothers – saw its annual profits collapse by 75% to £3.5

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Profit or Loss? For New Hires, Some of Both

Street of Walls

Since 2009, the world’s top 29 banks have cut 167,200 jobs—but they have also created 83,500. A November 16 CNBC.com article has an ominous title: “Banks Seen Shrinking for Good as Layoffs Near 160,000.” But embedded in its dismal paragraphs is a slightly happier number: 83,500.

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Timing is Everything when Selling your Business

Lake Country Advisors

Investment funds are still on the sideline waiting for profitable opportunities. 2008-2009 The great recession, representing the greatest retraction since the Great Depression. There were a total of 12 recessions in the 20th Century alone. 2020 In April 2020 the US economy lost an astonishing 20.8

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03-06-2024 Newsletter: Reasons for Layoffs in the Current Environment

OfficeHours

According to CBS News, excluding January 2023, the January layoffs in 2024 represent the highest number of job cuts announced in the first month of January since 2009. In doing so, firms may be forced to downsize to maintain profitability. When these terms fluctuate, they can impact the profitability of businesses, leading to layoffs.

Finance 130
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Legal Techology M&A Update Q4 2023

Solganick & Co.

The following summarizes the report, which you can also download here: Solganick M&A Update – Legal Technology (Q4 2023) Rising investments in technologies to automate and optimize legal procedures are actively improving the productivity and profitability of legal service providers. market outlook from 2023 to 2030.

M&A 52
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01-15-2024 Newsletter: Make 2024 Your Year to Recruit

OfficeHours

Centerview Partners hikes UK staff pay to record £413k per head The boutique paid its UK staff more than at any point since it set up in the country in 2009 Taking a Break and Coming Back Stronger After a year of hard work and numerous success stories, we decided to take a step back to recharge and refocus.