After Massive Job Cuts Wall Street's a Different Place

摘要

On the June day that Michael Reiner lost his job as a credit strategist for So-ciete Generate in New York, he turned in his cell phone, visited a nearby store to replace it, and called his wife. She was at their home in Briarcliff Manor, N.Y., watching The Company Men, a film about corporate downsizing. He was shocked, he says, by the way his job "simply came to an end."The 44-year-old former managing director was caught up in a wave of firings that will wash away more than 220,000 jobs in the global financial-services industry this year, eclipsing 174,000 dismissals in 2009, data compiled by Bloomberg show.