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POPSStealth Attorney Layoffs at Sullivan & Cromwell [Update] Sullivan & Cromwell has laid off between 15 and 20 associates at its New York HQ, According to online sources, the number of associate layoffs at Sullivan & Cromwell’s New York office has hit at least 30. The firm may intend to cut 10% of NYC associates overall, for a total of up to 50.
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POPSSpeaking for the Blue Collars There has been growing concern that two different packages are being offered to ease economic tragedy. One to the financial institutions with no striings attached and one to the auto industry who are being made to jump through hoops. It's good to see that the financial community is also being held accountable for its part in this economic crisis. There appears to be a new ethos developing in Washington were Main Street is starting to gain in stature compared to Wall Street. Good for them.
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POPSHowrey Lays Off 25 Staff Washington DC’s Howrey has laid off 25 secretarial staffers.Cuts came in all offices except Palo Alto and New York. Those affected are getting severance packages, health care assistance and outplacement.