Banks Accelerate Layoffs, But for How Long?

American Banker, Feb. 9, 2023–Alissa Kline (subscription)
Many of the job cuts have occurred in investment banking and mortgage lending, two lines of business that have been especially hard hit since interest rates began to surge last year, quelling capital markets activity and tempering demand for mortgages in a cooling housing market.
https://www.americanbanker.com/news/banks-accelerate-layoffs-but-for-how-long