There will be more retrenchment this year and the end of the year 2008 will see a few more thousands of employees laid off from their company.
Workers subject to retrenchment are those whose companies are closing part or the whole of their business operation, or those signing up for the Voluntary Separation Scheme (VSS) offered [...]

Banks in Europe are facing shortage of talents, with many of them will be facing difficulties to fill up job vacancies for the next 5 years.
The statement was released last week by McKinsey & Co. team in their periodically published McKinsey Quarterly report. It went on to say that between 25% to 40% of the [...]