Whitney: Up to 100,000 Layoffs On the Way
Sept. 19 (Bloomberg) -- Meredith Whitney, analyst and founder of Meredith Whitney Advisory Group LLC, discusses expectations for more Wall Street layoffs and investing in financials. She speaks on Bloomberg Television's "Bloomberg Surveillance."
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"Preserving Bombardier C-Series Key Amid 7,500 Job Cuts"
34:53 - Bombardier has announced it will slash 7,500 jobs during a second round of job cuts within the past 8 months. Bloomberg Intelligence Analyst George Ferguson explains whether these cost saving measures were necessary as the struggling aircraft maker awaits $1 billion in federal aid from the Canadian government on Bloomberg TV Canada's The Daily Brief. (Source: Bloomberg)