FinancialServicesCrossing Relentless in Job Search as Financial Job Cuts Galore
FinancialServicesCrossing Relentless in Job Search as Financial Job Cuts Galore
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Pasadena, CA — FinancialServicesCrossing, an affiliate of EmploymentCrossing, is fighting against the downsizing market, adding more than 7,000-plus financial services jobs to its job database this week. The financial services job site is doubling its efforts to counter the impact of the recession on the US job market. FinancialServicesCrossing scours over 8,000 job boards and 250,000 employer websites to find jobs for financial services professionals. It seeks to find and list every financial services job in the US, to relieve unemployed finance professionals from their troubles.
''The wave of economic turbulence has taken out thousands of jobs from various industries. The credit crisis has engulfed the banking industry. However, FinancialServicesCrossing has been relentlessly finding financial services jobs from every possible source and adding them to their databases to support the efforts of thousands of job seekers,'' says Harrison Barnes, the CEO of FinancialServicesCrossing.
In a shocking report recently, Bank of America stated that it could end up slashing 30,000 jobs as it moves to absorb Merrill Lynch, which it acquired in September this year, in a $50 billion all-stock deal. JPMorgan Chase & Co. of New York announced that it is firing 9,200 employees of Washington Mutual Inc. of Seattle. In November, Citigroup Inc. announced that it is laying off 53,000 employees as it aims to cut costs and return to profitability. Earlier this year, Wachovia Corp. was forced to give pink slips to about 10,700 employees after incurring huge mortgage losses amounting to $8.86 billion.
On the credit crisis front, the latest news is of Credit Suisse which is said to be cutting 650 jobs, equivalent to about 3% of its investment banking workforce. An analyst at The Oppenheimer & Co., Meredith Whitney, says that the financial industry, especially Bank of America, Citigroup, and JP Morgan Chase may cut as much as $2 trillion in credit card account lines over the next 18 months. She says that the action is expected to be taken in order to reduce risk of damage from increasing delinquencies and defaults.
''Credit deterioration and the number of bad loans were worse than expected,'' says Barnes. ''But not everything is over yet. FinancialServicesCrossing is showing that if efforts are put in the right direction, a recovery is possible. Banks and financial organizations will have to find alternative ways to weather the American economic storm, rather than putting people out of work.''
FinancialServicesCrossing has a comprehensive number of financial services job listings in its database which are constantly added and updated by hundreds of highly trained research analysts. FinancialServicesCrossing weeds out spam and jobs outside one’s niche allowing the job seeker to search jobs efficiently and specifically.
The top job titles which are highly searched on FinancialServicesCrossing are:
Financial analyst jobs
Banking manager jobs
Bank teller jobs
Financial accounting jobs
Associate jobs
Barnes adds, ''FinancialServicesCrossing has about 43,000-plus financial jobs for the job seeker’s perusal. To have these many jobs related to the financial sector in the database is a commendable achievement by any standards, especially in this recession.''
Contact:
Mary Wilson, Editorial Coordinator
FinancialServicesCrossing
626-243-1821 mary@employmentcrossing.com
About FinancialServicesCrossing:
FinancialServicesCrossing is an affiliate of EmploymentCrossing, one of the most powerful and comprehensive organizations dedicated to helping professionals find jobs that will enhance their careers. FinancialServicesCrossing consolidates every banking and finance job opening it can find in one convenient location. The website also offers a seven-day free trial to new members.
Kevin , Charleston, WV
FinancialServicesCrossing is very easy to navigate. It is one of the simplest and at the same time most comprehensive site I have visited.
April , New Lenox, IL
FinancialServicesCrossing has so many jobs at one place. Plus, it is very easy to search for the kind you are looking for.
Aaron , Denver, CO
FinancialServicesCrossing has a search engine that is really fast. It saves a lot of time.
Roberto , Seattle, WA
I like the volume of jobs on FinancialServicesCrossing. The quality of jobs is also good. Plus, they get refreshed very often. Great work!
Richard , Baltimore, MD
The number of jobs listed on FinancialServicesCrossing is great. I appreciate the efforts that are taken to ensure the accuracy and validity of all jobs.
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Total Jobs on FinancialServicesCrossing
124,075
New Financial Services Jobs This Week
34,860
Jobs on EmploymentCrossing Network Available to Our Members
PT Branch Associate - Orange Park United States-FL-Orange Park
MISSION:
Deliver an exceptional customer experience while uncovering sales referral opportunities. Perform a variety of duties involving paying ou...
Sovereign bank jobs are easily among most preferred job options for those looking for bank jobs. Sovereign bank careers offer vertical promotion opportunities and lifelong employment for those who prefer to stick to a single employer throughout their careers.
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Unlike other sites, FinancialServicesCrossing works for you and does not charge employers to post jobs and actually goes out and researches jobs for you. The jobs you see are the jobs we find for you and not the ones employers are paying us to post.
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Top 101 Reasons to Sign Up for FinancialServicesCrossing
Reason 56: FinancialServicesCrossing lets you save up to 10 resumes and up to 10 supplementary materials online (even as Word or PDF files) and access them from anywhere there is an Internet connection.
Bring Order and Structure to Your Financial services Job Search
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Make objective career decisions with unbiased research, facts and information about financial services jobs. Your perseverance, follow through and dependability will all pay off when you have access to:
Financial services jobs from every company employer career webpage we can find.
Financial services jobs from every professional job source we can find.
Financial services jobs from every job board we can find.
Financial services jobs from every newspaper classified ad we can find.
Financial services jobs from every specialized financial services publication we can find.
Financial services jobs from every federal, state and local government career page we can find.
Financial services jobs from every public interest, nonprofit and other career page we can find.
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Today at FinancialServicesCrossing
6,536 - Jobs found in last 24 Hours34,860 - Jobs found in last 7 Days124,075 - Total Jobs Found
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FinancialServicesCrossing is the first job consolidation service in the employment industry to seek to include every job that exists and not charge employers to post jobs on its site.
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