London Finance Firms Will Layoff 25,000 Workers
May 9, 2012 3 Comments
It is obvious that the financial recession in the world keeps getting worse as thousands of companies continue laying workers off, and all this because the global economic system has been proven to be unsustainable.
“Jobs in London’s finance sector will slump to their lowest level for 16 years as the euro zone crisis is predicted to cause over 25,000 layoffs in 2012.
That would push the number of jobs lost in the City of London since the top of the financial boom in 2007 to 100,000, the Centre for Economics and Business Research (CEBR) said.”