Subprime crisis to the U.S. banking industry would also like to lay off two hundred thousand.

U.S. financial research firm Celent recently released a report, sub-prime mortgage problem rampant commercial banks in the United States the next 12 to 18 months to cut 20 million people, accounting for a staff as a whole, is the local banking industry has always been one of the largest job cuts .. .Last year, the U.S. financial industry as a whole has a record reduction of 153,000 jobs, more than half of mortgage-related business. .<P> Hong Kong, "Wen Wei Po" report, Celent, said Ma Lunxi director of financial advisory group, with the sub-prime mortgages spread to other businesses, in order to cater for the first time in four decades, the earnings regression, the enterprise is inevitable job cuts .. .Financial services in January has announced 16,000 job cuts, cut again in February 6000, though already below last year's reduction of 36,000 in August, but analysts estimate the future situation will continue. .</ P> <P> (http://finance.) Citigroup announced in January has cut 4,200 jobs worldwide, the majority with the investment banking business, also said further job cuts. .Will be JP Morgan Chase acquired Bear Stearns 14,000 jobs, the unknown fate. .Merrill Lynch also plans to weed out the superfluous and unqualified in May during the non-brokerage personnel, a rate of 10% of the total number of employees to 15%. .Lehman job cuts may reach 10% of the total number of employees, rather than the previously reported 5%. .But most of the losses of the bank, in addition to the mortgage business, no large-scale layoffs. .</ P>.