HDA Interviewed by CNBC - Clayton Glen considers the impact of large scale job cuts within the financial services sector - April 2008
In the wake of the credit crisis, companies in the financial sector are expected to make large scale job cuts (approx. 20-30,000 per CNBC).
During a CNBC Squawk Box (Box) discussion on 28th March, Clayton Glen, of HDA, considered the impact of large scale job cuts within the financial services sector.
Questions posed by CNBC's Geoff Cutmore and Credit Suisse Asset Management Vice Chair, Bob Parker included:
ï Where do financial services employee's vunerable to redundancy go next?
ï What happens when the redundancy decision is taken
ï What advice would you give to employees contemplating voluntary redundancy
ï The nature of the consultancy/headhunter relationship
ï The upturn in offshoring and its impact on HDA's international outplacement role
ï The possible influx of American bankers into the city
ï The number of financial services employee's remaining within the sector and the percentage of those that leave
To view the full interview on CNBC please click the link below:
HDA Interviewed by CNBC
Clayton Glen considers the impact of large scale job cuts within the financial services sector
