Nomura to fire up to 1,000 employees in London


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Bad timing and timing is everything in the finance game. JP Morgan is letting go over 3000 WaMu employees, too. Also, it's a pity these 1000 will know just before Christmas they are out of a job by March. However,

right cost base going forward,” Nomura said.

Nomura is a company and I doubt it said anything. Perhaps Watanabe or Namikawa said it or it was written in a press release.

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He who grabs too much, can not keep a tight grip on it. Eventually it has to let it go.

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Lay off or fire?

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Which is it, fired, or layed off?

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Boy look at the Brits taking it on the chin from team Japan. First Honda motors now Nomura ! I wonder if the Queens loyal servants will think twice about that next car, computer, or tv purchase. Vote with yer feet mateys !

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