This is coming from Bob Diamond, the CEO who has fired has fired up to 40 bankers for being jerks, prima donnas or overly ostentatious, BusinessInsider reports.
In short: Bob Diamond knows we're living in a new era. That's why banker pay at the British bank will be cut by 25% to 30%, Bloomberg reports.
The firm will also fire 5% of its senior banks (read: most expensive employees), that means executive directors and managing directors….
Read more: http://www.businessinsider.com/another-one-bites-the-dust-barclays-to-cut-banker-pay-by-25-30-2012-2
No comments:
Post a Comment