“I went into my boss’s office to ask if I could have a new computer. He said ‘no and, by the way, you’ve been made redundant’.” This was the rather typical experience of a junior equity analyst at Jardine Fleming in the new Hong Kong.
His colleague, a director with the same investment bank for nine years, was preparing for a two-week holiday. She jokingly offered a reduction in salary as her contribution to cost-cutting. She was told: “Actually, your job is gone.
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