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Mortgage Industry Trends Driving Layoffs and Five Tactics to Avoid Job Cuts

Everest Group

The exception is the steep decline from 2005 to 2008, when the US mortgage industry experienced a financial crisis. Enterprises solely relying on origination as their core services are faced with lower volumes, leading to increasing layoffs of employees working in areas with reduced demand.

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How the UBS Takeover of Credit Suisse Will Impact the BFS IT Services Market | Blog

Everest Group

UBS’ takeover of longtime rival Credit Suisse in a rushed, deeply discounted deal has reverberations across the banking and financial services (BFS) IT services market and on service providers. Credit Suisse was already battling concerns when its biggest annual loss since 2008 exacerbated the situation.

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From Buzzwords to Reality: Impact Sourcing and AI for Social and Business Advancement | Blog

Everest Group

Learning about NextWealth Notable Wipro veterans founded the company in 2008 to employ graduates in less populated Indian tier 2/3 towns. The specific focus is on locations with small colleges but limited job opportunities. Additionally, its IT services cover application management, testing, and low-code and no-code platform services.

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The Bumpy Road Ahead for US Automakers: Everything You Need to Know About the UAW Strike Disrupting the Industry | Blog

Everest Group

What the UAW is demanding Union leaders representing the striking workers are negotiating for the following: Higher wages and other benefits : The UAW has been asking for a 40% pay hike, reduced weekly work hours, revised pension schemes, improved healthcare benefits, and greater job security.

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It’s Starting To Feel A Lot Like The 2000s – What Is In Store For Indian IT And M&A

Zinnov

Robust Labor Market Dynamics: Not only is the labor market tight, as evident from unemployment rates, but it is also showing record-high ratios of new job openings to potential applicants. US economy added 390,000 jobs in May, overtaking Dow Jones’ estimate of 330,000. over 2008-09, and 0.8% million jobs in 1997 to 3.54

Jobbing 52
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It’s Starting To Feel A Lot Like The 2000s – What Is In Store For Indian IT And M&A

Zinnov

Robust Labor Market Dynamics: Not only is the labor market tight, as evident from unemployment rates, but it is also showing record-high ratios of new job openings to potential applicants. US economy added 390,000 jobs in May, overtaking Dow Jones’ estimate of 330,000. over 2008-09, and 0.8% million jobs in 1997 to 3.54

Jobbing 52
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Banking on mainframe-led digital transformation for financial services

IBM Business Partners

Financial services companies are considered institutions because they manage and move the core aspects of our global economic system. Atruvia AG is one of the world’s leading banking service technology vendors. And the beating heart of financial institutions is the IBM mainframe.

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