8/05/2012

Job cuts of foreign banks in Japan in 2011

Roppongi Hills Tokyo where Goldman Sachs and Barclays occupy floors


9 foreign banks in Japan including Goldman Sachs and Credit Suisse in a year until March 2011 had cut more than twice as much as jobs than the year before.
The number of employees of foreign banks in Japan such as Goldman Sachs, Credit Suisse, Deutsche Bank and BNP Paribas were 6,796 in total in the end of March 2012 reduced by 573(7.3%) in a year, compared to 7,333 in March 2011 reduced by 239(3.2%) in the year.

Employees Reduced(now)
Goldman Sachs -14% (847)
Credit Suisse -8.6% (540)
Deutsche Bank -7.9% (834)
BNP Paribas -7.4% (462)

Barclays / Citi / Morgan Stanley / Bank of America / J.P. Morgan also reduced.


ゴールドマンなど外資系証券9社、日本で人員削減を急加速 ―Bloomberg
http://www.bloomberg.co.jp/news/123-M83XFD0D9L3601.html

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