Gomez: More offshore banks laying off staff

Tue, Mar 8th 2011, 07:09 AM

An increasing number of offshore banks are laying off staff, charged a local financial advisor, asserting The Bahamas will be in trouble if significant growth isn’t seen in the industry.
“More and more banks are downsizing,” said Jerome Gomez, CEO?of Global Corporation Management. “They don’t make the news because they are downsizing one here, five there.
“Those persons are going to find it hard to get similar jobs. Those are high paying jobs that also put you in the world, dealing with international clients.”
He was the guest speaker on the Star 106.5 FM show ‘Jeffrey’, hosted by Jeffrey Lloyd.
Gomez ...

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