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Topic Name: Layoffs coming within specific OU's???
Message Name: true happening in London
Date Posted: 02/23/2006
In Reply To: Reading the messages from leadership (at least within FS) that revenues and chargeability are too low, it seems we may be encountering a bumpy road where there may be some more layoffs. Additionally, I wouldn't be surprised to see layoffs at all levels within the FS pyramid (I.E. SE's included). Thoughts? Anyone hearing anything more specific. It just seems conditions are ripe for more forced layoffs.
Message: I know couple of analyst that have been counselled out due to performance in the London office.In FS UK its seems that revenue is low a major factor being that they have lost couple of deals (Bank of Ireland)that FS were pretty confident in winning. Hence you will find quite a few people on the bench. Anyone has any more info ? Please share

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