IBM Plans Layoffs, New InvestmentsJanuary 23, 2014IBM says it will "rebalance" its workforce in 2014 after a steep slide in hardware sales, but also invest in cloud, mobile, analytics, big data, and security to fire up growth.
Banks Grapple With The Challenge Of IT Resource ManagementMay 31, 2013The ability to economically manage IT resources and also secure the best of those resources -- whether employees or software or business partners -- is an increasingly critical capability of bank CIOs and line-of-business executives.
JPMorgan Chase to Cut Up to 4,000 Jobs in 2013February 26, 2013JPMorgan Chase & Co
plans to cut 3,000 to 4,000 jobs in its consumer bank in 2013,
representing about 1.5 percent of the company's overall
workforce, it said in a presentation to investors on Tuesday.
American Express to Cut 5,400 JobsJanuary 10, 2013Credit card company American Express Co
said it would cut about 5,400 jobs, or 8.5 percent of
its workforce, as it restructures its business and pay legal
Morgan Stanley Job Cuts May Signal More Pain AheadJanuary 09, 2013Morgan Stanley plans to slash 1,600
jobs in what may be just the beginning of a new round of layoffs
at large investment banks, this time driven by a deeper
reassessment of Wall Street businesses in the face of new
regulations and capital standards.
Citi to Cut 11,000 EmployeesDecember 05, 2012The layoffs are part of a company-wide restructuring plan; technology and operations units will be affected.