PAGE 2

Key Point: Banking and financial transactions

How can we be impacted by these situations?
Pink Slip: To be laid off from a job.

Globalization has been having a profound impact on profitability of companies. The logical solution for making companies more profitable is to merge with other organizations and to cut all doubled activities. This can result in a lot of layoffs and these mega mergers can result in a lot of people getting the pink slip. This is threatening many employees. Here is a report.