TITLE

Redundancies in finance will lead to 'leaner, fitter sector.'

AUTHOR(S)
Brockett, James
PUB. DATE
January 2009
SOURCE
People Management;1/29/2009, Vol. 15 Issue 3, p10
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article presents the outlook of John Philpott, chief economist of the Chartered Institute of Personnel and Development (CIPD), on redundancies in the finance sector of Great Britain. Philpott believes that many of the finance jobs being lost will never return. Philpott said that the economic downturn would lead to a restructuring of the jobs market. He expects structural redundancies in which many professionals might have to transfer their skills to other areas.
ACCESSION #
37020370

 

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