Press releases for bankingandfinancejobs

American Express Slashes 7,000 Financial Services Jobs; FinancialServicesCrossing Posts 8,000-Plus Jobs This Week amid Market Slump (2008-11-04)
American Express Co., the largest US credit card company by purchases, is all set to cut 10% of its workforce, which amounts to almost 7,000 financial services job cuts. The company braces for an economic slowdown by hacking its workforce amid rising defaults as consumers, squeezed by higher unemployment, fail to repay their debts. Additionally, the credit card company posted four straight quarterly profit declines and lost about half its market value this year.

EmploymentCrossing Figures Boast Awesome Job Count in Oklahoma; State Added 22,500 Jobs in Past Year (2008-08-12)
Oklahoma has added about 22,500 jobs since last year due to a vastly improving energy sector which has also triggered an employment growth rate of 1.4%, according to a newly released report. The 2008 Oklahoma Economic Outlook report also stated that the employment growth rate in the state is the sixth highest among all states and 1% faster than the national average employment rate. EmploymentCrossing, the world’s leading job portal, seconded the claims of the report, pointing out that its database includes a fantastic count of 11,102 unfilled, active job openings in Oklahoma alone!