Facebook IPO filing: Plans to raise $5 billion

Grin and Bear it

by TechGrid Staff on March 25, 2008 · 0 comments

Expected and unavoidable at this point.

Bear Stearns buyer JP Morgan won’t waste any time eliminating “redundancies,” the Post says–and this could mean the firing of up to 7,000 Bear folks (half of the place) as soon as this week. (Alley Insider)

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