{"id":68644,"date":"2019-03-31T02:34:51","date_gmt":"2019-03-31T06:34:51","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=68644"},"modified":"2019-04-02T01:56:38","modified_gmt":"2019-04-02T05:56:38","slug":"jpmorgan-nomura-job-cuts-add-to-wave-of-pullbacks","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2019\/jpmorgan-nomura-job-cuts-add-to-wave-of-pullbacks.html","title":{"rendered":"JPMorgan, Nomura Job Cuts Add to Wave of Pullbacks"},"content":{"rendered":"<p>\n(Bloomberg)Automation and new technology are replacing thousands of workers at banks and asset managers around the world, just as consolidation &#8212; including Deutsche Bank AG\u2019s proposed merger with Commerzbank AG &#8212; puts thousands more jobs at risk. The pressure on headcount follows bouts of volatility that roiled global markets late last year, and investors\u2019 growing preference for passive, low-fee funds that require far fewer workers at asset-management firms. On top of that, financial companies with operations in the U.K. could slow their hiring ahead of the country\u2019s anticipated exit from the European Union.<\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-03-28\/jpmorgan-nomura-job-cuts-add-to-wave-of-finance-firms-chopping?srnd=premium\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg)Automation and new technology are replacing thousands of workers at banks and asset managers around the world, just as consolidation &#8212; including Deutsche Bank AG\u2019s proposed merger with Commerzbank AG &#8212; puts thousands more jobs at risk. The pressure on [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-68644","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/68644","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=68644"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/68644\/revisions"}],"predecessor-version":[{"id":68645,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/68644\/revisions\/68645"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=68644"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=68644"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=68644"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}