Out on the Street – N.Y. expects 10K lost jobs as financial industry retrenches

THE DAILY By Kyle Stock October 12, 2011 Surging pay and sagging results are expected to squeeze another wave of workers off of Wall Street. Manhattan banks and brokerage firms may cut an additional 10,000 securities jobs by the end of next year, according to a report released yesterday by New York Comptroller Thomas DiNapoli. If […]