Boston-based State Street, with nearly $2 trillion under management, is set to cut 1,400 IT jobs by the end of next year. The reduction in staff will result in an estimated saving of more than $600 million by 2014, according to the firm.
While a spokesperson for State Street said that this is not as a direct result of advancements made in cloud computing, and is geared toward creating "operational efficiencies" and to "position [State Street] for growth", industry observers believe that these re
Waters Wavelength Podcast Episode 75: An Update on the Julia Programming Language; AI & Alternative Data; Digital Currencies
Julia Computing's Viral Shah talks about the programming language he helped create and what's ahead for it. Then James and Anthony talk about the pairing of AI & alternative data, digital currencies, and Game of Thrones.Subscribe to Weekly Wrap emails