LAYOFF'S

Banking giant announces huge layoff plan as it seeks to cut expenses by about 20%. Biggest single job-cut plan since IBM announced 60,000 job cuts in 1993.

J.P. Morgan would mean 3,000 dismissals globally

BT Group the U.K. telecom major, said late last week that it would pare 10,000 staffers

Fidelity Investments, the No. 1 global mutual-fund manager, plans to shed 1,700 more jobs in the first quarter, after a separate move earlier last week to cut 1,300

Goldman Sachs planning to pare about 10% of their workforce