Gadgets add complexity to brutal bank layoffs
Wednesday, November 7, 2012 11:26 AM
Posted by gamefbi
LONDON (Reuters) - In the high-tech, gadget-addicted world of investment banking, layoffs are becoming more complex and brutal as firms try to stop sensitive data leaving with employees. Sackings are usually swift, with bankers escorted out, a few belongings thrown into boxes and Blackberries and phones disabled the minute they get their marching orders. But weeks of trawling through old emails and planning software lockdowns now precede and follow the job cuts that are happening in thousands, adding a new layer of indignity to the process. ...
This entry was posted on 11:26 AM, and is filed under
brutal,
complexity,
Gadgets,
layoffs
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